So far in 2020 Billionaire George Soros has spent more than $50 on Democrats election campaigns for 2020.
This record breaking amount, is actually $30 million more than he spent in 2016 and there are still three months left in the election.
Soros launched the ‘Democracy’ PAC in 2019 and the Federal Election Commission reports the PAC distributed almost $17 million in just the last quarter.
That amount of money is more than Amazon, Facebook, Boeing, and Google’s parent company, Alphabet, according to reports.
Democratic candidates benefiting from Soros's cash have railed against the influence of money in politics. Joe Biden's government reform plan includes a promise to "reduce the corrupting influence of money in politics." The presidential candidate's website says, "We could improve our politics overnight if we flushed big money from the system and had public financing of our elections…. Democracy works best when a big bank account or a large donor list are not prerequisites for office."
Such rhetoric from Soros-backed candidates has drawn criticism from the right. "While Democrats across the country sanctimoniously rail against the influence of dark money in politics, their party’s largest donors are bankrolling a massive web of liberal organizations to get them elected," one GOP operative told the Washington Free Beacon earlier this month. "George Soros's unprecedented spending further highlights just how dependent Democrats are on contributions from billionaires, despite their hypocritical rhetoric."
Soros is one of several Democratic megadonors who opened their checkbooks last month to provide large sums to outfits backing Biden and hammering Republicans. The Biden Victory Fund in particular has benefited from a windfall of cash. It pulled in a whopping $83 million thanks to the Democratic Party's wealthiest donors, including Soros, who donated $500,000.
George Soros, billionaire and founder of Soros Fund Management LLC, on day three of the World Economic Forum (WEF) in Davos, Switzerland, on Thursday, Jan. 23, 2020. World leaders, influential executives, bankers and policy makers attend the 50th annual meeting of the World Economic Forum in Davos from Jan. 21 - 24. Photographer: Simon Dawson/Bloomberg via Getty Images