Billionaire investor Tom Steyer reportedly plans to spend $110 million in 2018 as an effort to fundamentally reshape the Democrat Party.
In just the last decade, Steyer skyrocketed to become the Democratic Party’s biggest donor, only to leave that behind to invest instead in his own organizations and causes, to the irritation of party leaders — particularly those who worry that he’ll hurt them politically by talking up impeachment. That pushback seems to encourage him, while also encouraging talk that he’s interested in a 2020 presidential run, though he tends to push-back on that by pointing out that many people first interpreted his spending in this cycle as the prelude to a 2018 campaign for California governor or senator.
As Politico reports, the money would be used for polling, analytics, and staffing capabilities that would redirect the goals and initiatives of the Democrat Party. The sum would also put Steyer’s political contributions on a level ahead of everyone not within the Koch network.
But, for Steyer, he wants one thing: the impeachment of President Trump.
Unlike the $80 million being spent by Mike Bloomberg, Steyer will put his cash toward building out NextGen America and Need to Impeach, his two growing political organizations, as well as funding clean energy ballot initiatives in Arizona and Nevada. Steyer has already doubled his initial $20 million investment in Need to Impeach to $40 million, and has not ruled out adding more.
Steyer has also already dropped over $5 million into his For Our Future PAC, and is expecting more outlays on behalf of individual candidates like the $1 million he put behind Florida gubernatorial candidate Andrew Gillum, though likely not in any of the remaining primaries.
Between the two organizations, he’ll have close to 1,000 people on staff, in addition to over 2,000 volunteers. The Need to Impeach email list alone has already topped 5.5 million, which their research — anyone who signs up with the effort has their information run through a series of voter files and other databases — shows includes a very exact 697,780 infrequent voters in the 63 most competitive House districts.
A blurb on the front page of the Need to Impeach website reads, “Donald Trump has brought us to the brink of nuclear war, obstructed justice, and taken money from foreign governments. We need to impeach this dangerous president.”
Kevin Mack, lead strategist for Need to Impeach, said they are looking to score the support from more infrequent voters than that of the National Rifle Association.
Over the last ten years, Steyer rose to prominence within the Democrat network and has become their biggest donor. His recently focused effort to impeach Trump though falls outside of the interest of Democrat politicians in Washington. These politicians have put impeachment calls on the back-burner and are instead looking to argue political policy points like universal healthcare. Going back to talks of impeachment ahead of a consequential congressional election has led party leaders to resist Steyer, Politico reports.
That pushback seems to encourage him, while also encouraging talk that he’s interested in a 2020 presidential run, though he tends to push back on that by pointing out that many people first interpreted his spending in this cycle as the prelude to a 2018 campaign for California governor or senator.
Reuters reports Steyer’s political contributions could help push environmental issues to the center of the Democrat platform.