Soros pours $125M into super PAC ahead of midterms
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Billionaire mega-donor George Soros is seeding a super PAC with $125 million, an enormous investment that will aid Democratic groups and candidates for the 2022 election cycle and beyond.
The group, Democracy PAC, has served as Soros’ campaign spending vehicle since 2019, channeling more than $80 million to other Democratic groups and candidates during the 2020 election cycle. The new, nine-figure investment from Soros is aimed at supporting pro-democracy “causes and candidates, regardless of political party” who are invested in “strengthening the infrastructure of American democracy: voting rights and civic participation, civil rights and liberties, and the rule of law,” Soros said in a statement shared first with POLITICO.
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