Late in this year’s election cycle, Mayor Michael Bloomberg suddenly announced the creation of a “super PAC,” Independence USA, through which the billionaire mayor could funnel unlimited sums of cash to candidates who support his political agenda of gun control, gay marriage and education reform. Looking at the federal races Mr. Bloomberg aimed to influence through the new political action committee, however, a majority of his candidates narrowly lost last night.
For example, in western Connecticut, moderate Republican Andrew Roraback suffered a 48%-to-52% loss to Democrat Elizabeth Esty, despite Mr. Bloomberg spending more than a million dollars on Mr. Roraback’s behalf. Similarly, in another suburban seat, Mr. Bloomberg dropped roughly a million dollars boosting GOP Rep. Bob Dold in Illinois, only to see him lose by less than 1%. And, down in Florida, he spent more than $2 million in an attempt to vanquish Republican Congressman Dan Webster, but the incumbent still beat back a strong challenge from Val Demings, 52% to 48%. Read More