Crippling! Billionaire Mega-Donor To Pull Funding From The Democrat Party

Billionaire Tom Steyer is reportedly pulling financial contributions to the Democrat Party because they are no longer “standing on principle.”

Steyer’s announcement comes after Democrats voted in favor of funding the government without scoring any major deals and after forming an agreement with President Trump to fully fund a southern border wall.

The Democrat donor said, “I want to say that after the DACA vote, I have decided not to give anything to the national party committees.”

Washington Examiner reports Steyer spent $20 million for a Trump impeachment effort in 2017 and initially planned to spend an additional $30 million to aid the Democrat Party in 2018.

“We started this campaign to give a voice to the millions of Americans fed up with what’s happening in Washington—and that’s exactly what we’re doing,” Steyer tweeted. “As a result, I am announcing today that I will not be contributing any money to the Democratic Senate Campaign Committee in 2018.”

“I want to be clear: We are throwing our support behind Democratic candidates in 2018,” the California businessman later clarified. “We are leading the largest youth voter mobilization drive in history.”

And, “When I look back ten years from now, I want to be able to say I did all I could to give the American people a voice and help get our country back on track.”

Per Washington Examiner:

Democratic mega-donor Tom Steyer will halt donations to the national Democratic Party committees after members of the caucus voted to re-open the federal government despite failing to secure an immigration deal for Dreamers.

“I don’t have a litmus test on any one thing, but I do have a litmus test for elected officials standing on principle and doing the right thing, looked at holistically,” Steyer told Fortune in an article published online Thursday. “And I want to say that after the DACA vote, I have decided not to give anything to the national party committees.”

But he wouldn’t say whether he’d also stop contributing to individual lawmakers who voted in favor of ending the three-day partial shutdown on Monday.

Steyer has donated more than $400,000 to the Democratic National Committee, the Democratic Senatorial Campaign Committee, and the Democratic Congressional Campaign Committee since 2015, Federal Election Commission documents obtained by Fortune show.

Here’s more, from Yahoo:

Steyer runs his political operations through NextGen America, which “acts politically to prevent climate disaster, promote prosperity, and protect the fundamental rights of every American,” according to the organization’s website.

According to Fortune, Steyer has contributed more than $400,000 to the three Democratic organizations since 2015 and gave money as recently as September 2017. Earlier this month, Steyer ruled out a 2018 run for both governor and senator in his home state of California, but told The Washington Post that he planned to spend $30 million in 2018 to create NextGen Rising, a campaign to turn out millennial voters.

DISCLAIMER: Views expressed in articles do not necessarily reflect the views held by Sarah Palin.


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