Billionaire Mayor Bloomberg, Not Running, Spends $5.6M On Ads

Mayor Michael Bloomberg says he has no plans to seek office again. But he�s still spending millions of dollars of his own money on political advertising.

Financial disclosures released Friday show that Bloomberg spent $5.6 million on television ads, polling and direct mail in the weeks surrounding the passage of a state budget that met few of the mayor�s demands.

His administration said in March that the campaign-style TV ads touting his budget plan were meant to rebut critical advertising funded by unions representing teachers and municipal workers.

They also coincided with a decline in approval ratings as voters expressed their dissatisfaction with his handling of the budget and his administration�s clean-up following a December blizzard that shut down much of the city.

(Source: WCBSTV)

One Response

  1. Since the modern City of New York was created in 1898, no mayor has had a successful third term. Bloomberg is looking like he is continuing the trend.

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