George Soros is backing Hillary with $25 million
posted at 3:01 pm on July 27, 2016 by John Sexton
Left-wing billionaire George Soros is once again opening his wallet to help Democrats win an election. It didn’t work out so well for Soros when he dumped $27 million into the 2004 election to defeat George W. Bush. Since then Soros has reportedly held back on going all in but, as Politico reports, that is changing in 2016:
People close to Soros say he seems more politically engaged than he’s been in years, motivated they say by a combination of faith in Clinton and fear of her GOP rival Donald Trump, who Soros has accused of “doing the work of ISIS” by stoking fears.
Eventually Politico gets to a list of Soros’ donations:
Through the end of June, Soros had donated $7 million to a super PAC supporting Clinton called Priorities USA Action, according to FEC filings, making it the biggest recipient of his political largesse this cycle. And three Democratic operatives say he’s considering donating another $3 million to the group.
FEC records also show Soros gave $2 million to American Bridge 21st Century, an opposition research super PAC that has been targeting Trump and other Republican candidates, and $700,000 to an assortment of Democratic party committees, PACs and campaigns, including Clinton’s.
American Bridge is the SuperPAC founded by Clinton crony David Brock, who also runs Media Matters. In addition, Soros is reportedly giving $5 million to a Latino voter outreach group called Immigrant Voters Win and $5 million to the Voting Rights Trust, a group that fights in court against state laws requiring ID to vote. That latter commitment is one Soros made more than a year ago according to the NY Times.
The story notes the irony of Soros, who opposes Citizens United because it allows too much big money in politics, spending big money supporting Hillary. A source close to Soros says he once called it ‘odious’ that billionaires like himself had so much influence and cited that feeling as a reason to pull back on giving after 2004.
But all of that seems out this window this election cycle. Now Soros is spending freely even as he donates the legal maximum ($5,000) to a group called End Citizens United. He’s really against this sort of money in politics and so is Hillary, just not right this moment.