Former New York City Mayor Michael Bloomberg officially became a Democrat for the second time this week; confirming he re-registered with the party and hinting at a potential presidential run in 2020.
— Mike Bloomberg (@MikeBloomberg) October 10, 2018
“At key points in U.S. history, one of the two parties has served as a bulwark against those who threaten our Constitution,” posted Bloomberg on social media.
“Two years ago at the Democratic Convention, I warned of those threats. Today, I have re-registered as a Democrat – I had been a member for most of my life – because we need Democrats to provide the checks and balance our nation so badly needs,” he added.
Bloomberg’s re-registration with the Democratic Party sets the stage for a potential showdown with fellow NYC billionaire businessman Donald Trump in just two years.
BLUE STATE BLUES: New Jersey Governor to RAISE TAXES on ‘EVERYTHING’
The Democratic Governor of New Jersey Phil Murphy unveiled his vision for the state’s proposed budget Wednesday; raising taxes on “everything” in a bid to save the Garden State from ballooning debt and massive budget deficits.
Murphy -the liberal politician who replaced outgoing governor and presidential nominee Chris Christie- plans to fund the state’s record-setting $37.4 billion budget by increasing taxes on nearly everything, including: gambling, ride-sharing services, marijuana, tobacco, online sales, retail sales, and more.
The budget also increases spending for education, transportation services, and state-wide pension funds.
“If we enact another budget like the one our administration inherited, our middle class will continue to be the ones shouldering the burden, while seeing little in return,” Murphy said Tuesday. “A millionaire’s tax is the right thing to do… and now is the time to do it.”
“The proposal, 4.2 percent higher than the current fiscal year’s, relies on a tax for the wealthiest that has yet to be approved and lacks support from key Democrats in the legislature,” writes Bloomberg. “It also reverses pledges from Murphy’s predecessor, Republican Chris Christie, to lower taxes in a state where living costs are among the nation’s highest.”
DNC DISASTER: Democrats ‘STRUGGLE’ to Settle on 2018 Midterm Message
Congressional Democrats and liberal pundits across the country are struggling to settle on a unified message heading into the 2018 midterms, with party leaders trying to appease their left-wing base while appealing to Republican-leaning regions needed to retake the House.
Democratic infighting has been raging for months as Nancy Pelosi and Chuck Schumer work around-the-clock to cobble together a party platform that appeals to both progressives and moderate voters.
“A debate about an attack plan for the November elections pits two party factions that have been competing for dominance,” writes Bloomberg. “The establishment wing wants to run on safe issues like rising health care costs and opposition to the GOP tax overhaul. The party’s progressive movement sees a rare opening to re-imagine the Democratic agenda with more daring proposals.”
Despite the “one big unifying factor” of outright opposition to President Trump, it remains unclear how the Democratic party plans to appease gun control activists and Obamacare supporters with Republican-leaning districts.