Liberal megadonor George Soros has funnelled $125 million into Democracy PAC, a political action committee aimed at supporting Democrats this November. Soros’ spending on this PAC already dwarves the millions he donated in 2020.
Soros announced his investment in a statement on Friday, first reported by Politico. The money will be used to support “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,” the billionaire liberal stated.
Although Soros pledged cash to candidates “regardless of political party,” the lion’s share will likely go to Democrats, based on Soros’ political views and past donations.