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Democratic presidential candidate and former New York City Mayor Mike Bloomberg waves after speaking at a campaign event, Thursday, Feb. 20, 2020, in Salt Lake City. (AP Photo/Rick Bowmer)
Mike Bloomberg. Image via AP.


Mike Bloomberg-backed PAC touts Joe Biden’s plan to rebuild the economy

Biden can “Build Back Better,” according to the ad.

Across Florida, Mike Bloomberg’s Independence USA PAC is airing a new television ad highlighting Democratic presidential nominee Joe Biden‘s plan to rebuild America’s economy.

Bloomberg, a billionaire former New York City Mayor, has pledged $100 million to Biden’s efforts in the Sunshine State. This week, Bloomberg and organizations he has partnered with have flooded the zone with advertisements targeting seniors, minority groups and more.

The new ad, called “Build Back Better,” will air in all of Florida’s ten media markets. It lays plans for American manufacturing, affordable childcare programs, technology investments and a middle class tax cut and business tax credits.

“That’s how Joe Biden will bring this economy roaring back,” the ad said. “Want proof? He did it before. Joe will do it again.”

Independence USA PAC’s ads will run daily across all ten Florida media markets in the 17 remaining days until Election Day.

“Joe Biden has helped lead our country through an economic recovery once – and he’ll do it again,” Bloomberg said. “Joe has a plan to rebuild the middle class by investing in the American workforce – not giving tax breaks to people like me who don’t need them – and ensuring that hardworking men and women across the country have access to good-paying jobs that will help them put food on the table for their families. He won’t just bring the economy back to where it was before this crisis – he’ll build it back better.”

Biden maintains a 1.4 percentage point lead in Florida over President Donald Trump according to the Real Clear Politics polling average. Nationally, that lead is 9 percentage points.

The economy has consistently been Biden’s weakest policy as compared to the President, with a larger share of voters nationwide saying they trust Trump more than the former Vice President on the issue. But a CNN poll this month showed Trump and Biden in a statistical dead heat on the issue, with Biden ahead 50%-48%.

Written By

Renzo Downey covers the Florida Legislature for Florida Politics. After graduating from Northwestern University in 2019, Renzo began his reporting career in the Lone Star State, covering state government for the Austin American-Statesman. Shoot Renzo an email at and follow him on Twitter @RenzoDowney.

1 Comment

1 Comment

  1. Sonja Fitch

    October 18, 2020 at 3:03 pm

    Love Bloomberg put up your money for the good of people! Can’t say that for some other billionaires! Vote Democrat up and down ballot for the common good!

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