Soros Set to Double 2016 Spending, Pouring $40 Million Into Super PAC

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Free Beacon

Liberal billionaire George Soros is on pace to double his 2016 election spending as he works to oust President Donald Trump, public records show.

Soros's big investments in the 2020 race have gone into the coffers of the Democracy PAC, a super PAC that passes money to other liberal PACs working to defeat Trump and congressional Republicans. The super PAC has received $40 million—double the $20 million Soros spent on Democratic efforts during the 2016 election cycle—from both Soros and a nonprofit in his sprawling network.

The megadonor's torrent of spending highlights the extent to which liberal donors are committed to getting Trump out of office. Many groups financially backed by Soros have launched multimillion-dollar attack ad campaigns in swing states to reach moderate voters who backed Trump in 2016. A network of liberal donors, including Soros, has pledged hundreds of millions on 2020 election efforts.