Billionaire Tom Steyer will use clout and cash to boost Democrats in key races

So far, the list of targeted Republicans includes Senate hopefuls Cory Gardner in Colorado, Terri Lynn Land in Michigan and Scott Brown in New Hampshire, as well as governors Rick Scott of Florida, Paul LePage of Maine and Tom Corbett of Pennsylvania. The group also plans to target the GOP’s Senate nominee in Iowa.

The effort will be largely financed by Steyer, a former hedge fund manager who has pledged to spend at least $50 million of his money on this year’s races. The super PAC is also seeking to raise an additional $50 million from like-minded donors.

With the promise of ample resources, the group plans to spend money not only on television ads, but on data-driven voter outreach and opposition research, “every aspect of a modern-day campaign,” said Chris Lehane, Steyer’s lead political strategist.

“Tom has made clear that NextGen is not a drive-by” super PAC, Lehane told reporters at a briefing in Washington.