Lib Billionaire Tom Steyer Plans To Spend $30 Million To Elect Democrats in 2018

Tom Steyer is the lib activist all over cable news running ads trying to get Trump impeached. Now he's announcing a $30M effort to elect Dems in 2018. Big money doesn't always guarantee success. Just look at Sheldon Adelson. He was the casino billionaire who spent $150 million in 2012 trying to get Mitt Romney elected and came up short.

Billionaire progressive activist Tom Steyer has announced that he plans to spend at least $30 million of his own money to end Republican control of the House of Representatives, according to the Washington Post.

According to the same report, Steyer ended months of speculation by declaring that he personally does not plan to run for any office in 2018.

Steyer is a former hedge fund manager who made billions prior to his retirement in 2012. Since that time, he has spent millions of his own dollars on progressive causes, including a $20 million television advertising campaign in 2017 encouraging voters to sign on to a petition supporting the impeachment of President Donald Trump.

During his pro-impeachment push, Steyer has collected an active email list of millions of progressive activists. Combined with his willingness to spend apparently limitless amounts of his money in support of Democrats, Steyer has become one of the primary power players on the American left.