U.S. Political News

Billionaires are spending more on political contributions, here are the three biggest spenders – CNBC

Tom Steyer, a businessman and 2020 presidential candidate, greets an attendee during the Iowa State Fair in Des Moines, Aug. 11, 2019.

Al Drago | Bloomberg | Getty Images

America’s billionaires are now spending 20 times more on political contributions than they did a decade ago, adding to their influence in Washington, according to a new study.

Political contributions from billionaires soared from $32 million in 2010

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