Billionaire former New York Mayor Michael Bloomberg has officially announced he is standing to be the Democratic Party presidential nominee.<\/p>\n
Mr. Bloomberg, a former Republican who has expressed reservations about his adopted party\u2019s leftward drift, said in a statement that he would offer a pragmatic option to voters in a campaign to unseat a president who \u201crepresents an existential threat to our country and our values.\u201d<\/p>\n
In a statement,\u00a0 the 77-years old said he was standing “to defeat Donald Trump and rebuild America”.<\/p>\n
\u201cDefeating Donald Trump \u2014 and rebuilding America \u2014\u00a0is the most urgent and important fight of our lives. And I\u2019m going all in,\u201d Mr. Bloomberg said. \u201cI offer myself as a doer and a problem solver \u2014 not a talker. And someone who is ready to take on the tough fights \u2014 and win.\u201d<\/p>\n
Mr. Bloomberg\u2019s late entry into the race has a has startled rival campaigns in recent days by reserving almost $35 million in airtime for television commercials outlining his biography and political agenda, a figure that dwarfs other campaigns\u2019 advertising budgets.<\/p>\n
He enters the race after months of debate over wealth inequality in the US, with Mr Sanders and Ms Warren announcing plans for steep tax rises for billionaires. Unveiling his tax proposals in September,\u00a0 Mr Sanders said: “Billionaires should not exist.”<\/p>\n
President Trump taunted Mr Bloomberg earlier in November, saying there was “nobody I’d rather run against than little Michael”.<\/p>\n
Michael Bloomberg is the eighth richest American with a net-worth of $54.4bn (\u00a342bn), according to Forbes.<\/p>\n","protected":false},"excerpt":{"rendered":"
Billionaire former New York Mayor Michael Bloomberg has officially announced he is standing to be the Democratic Party presidential nominee. Mr. Bloomberg, a former Republican who has expressed reservations about his adopted party\u2019s leftward drift, said in a statement that he would offer a pragmatic option to voters in a campaign to unseat a president […]<\/p>\n","protected":false},"author":5,"featured_media":12125,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[31,1378],"tags":[],"class_list":["post-12123","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-us"],"_links":{"self":[{"href":"https:\/\/www.vosa.tv\/eng\/wp-json\/wp\/v2\/posts\/12123","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vosa.tv\/eng\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vosa.tv\/eng\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vosa.tv\/eng\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vosa.tv\/eng\/wp-json\/wp\/v2\/comments?post=12123"}],"version-history":[{"count":1,"href":"https:\/\/www.vosa.tv\/eng\/wp-json\/wp\/v2\/posts\/12123\/revisions"}],"predecessor-version":[{"id":12124,"href":"https:\/\/www.vosa.tv\/eng\/wp-json\/wp\/v2\/posts\/12123\/revisions\/12124"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vosa.tv\/eng\/wp-json\/wp\/v2\/media\/12125"}],"wp:attachment":[{"href":"https:\/\/www.vosa.tv\/eng\/wp-json\/wp\/v2\/media?parent=12123"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vosa.tv\/eng\/wp-json\/wp\/v2\/categories?post=12123"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vosa.tv\/eng\/wp-json\/wp\/v2\/tags?post=12123"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}