Dem
53
Ties
2
GOP
45
Elon Musk is spending hundreds of millions of dollars to help Republicans, so Mike Bloomberg reluctantly decided he had better get into the act to balance this out a bit, although we have surely already reached the point where advertising doesn't matter much anymore (well, unless it's an offensive ad that triggers a backlash, like what's going on in Ohio). Having a voter see some ad 130 times really doesn't work much better than having the voter see the ad 60 times. In fact, it may annoy some people to the point of deciding not to support the candidate just on account of the ads.
In any event, Bloomberg jumped in to the tune of $80 million, to be spent largely on House races. He gave $24 million to the House Majority PAC, which uses it on House races as it sees fit. He also gave $24 million to a group, Everytown for Gun Safety, that supports candidates who want to tighten up gun laws. Spending late in the cycle is a hallmark of Bloomberg's giving. He always does it like that.
Much of Bloomberg's money is going to expand the field—that is, to candidates in red districts that would normally not be on the agenda due to financial limitations. The goal is to build a large Democratic majority because there is a huge difference between having 218 seats and having 230. In the former case, every member can hold the caucus as a hostage. In the latter case, no one member has that power.
Although Bloomberg is not micromanaging the spending, he does have a few specific concerns. He is a strong supporter
of Israel and does not want to spend money on DSA candidates because the DSA is strongly pro-Palestinian and
anti-Israel. However, all the DSA candidates are in such deep blue districts that they need not spend a penny
nickel on the race. All they have to do to win is make sure they don't die before Election Day.
The only Senate candidate Bloomberg has donated to is James Talarico. He gave the Texan's campaign $2.5 million. (V)