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California billionaire Tom Steyer spent $47 million in three months on presidential bid

WorldNews Wednesday, 16 October 2019
California billionaire Tom Steyer spent $47 million in three months on presidential bidCalifornia billionaire Tom Steyer spent $47 million during the first three months of his presidential bid — a jaw-dropping sum that places him on track to join the biggest self-funding political candidates in American history. Joe Biden, one of the front-runners in the Democratic presidential primary, finds himself in a precarious financial position, having spent ($17.7 million) more than he raised ($15.7 million), according to campaign finance disclosure forms released late Tuesday. Massachusetts Sen. Elizabeth Warren, Vermont Sen. Bernie Sanders and South Bend, Ind., Mayor Pete Buttigieg raised the most money among Democrats and also have the greatest cash reserves. The rest of the field...
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