RALEIGH — Billionaire, Democratic megadonor and failed presidential candidate Michael Bloomberg dumped $1 million into the North Carolina State Democratic Party’s coffers Monday, campaign finance record show.
The donation, reported in a filing on the State Board of Elections website, hit the party’s account just a little over two weeks before election day, Axios reported.
Bloomberg’s contribution is geared to help ailing Democratic candidates in an effort to stop the GOP from regaining supermajorities in the General Assembly.
Bloomberg advisors told the Washington Post in October that Bloomberg plans to spend at least $60 million to support Democrats across the country in this year’s midterm elections.
