Trump, Bloomberg ramp up spending ahead of midterms

​US President Donald ‌Trump said on ​Tuesday that he had spent more than $300 million on Republican campaign efforts, while the New ‌York Times reported that former New York City Mayor Michael Bloomberg was spending $80 million to help Democrats ahead of the November 3 midterm congressional elections.

The ‌financial commitments come as Democrats seek to reclaim control of Congress, ‌where 470 seats are up for grabs in the Republican-controlled chambers. "I have spent, or will be spending, over 400 Million Dollars by Election Day. More than 300 ⁠Million Dollars ​has already ⁠been spent on Advertising, Direct and Indirect Voter Contact, Rallies, Rally Arenas, Telerallies, Get Out ⁠the Vote Programs, Election Integrity, and more," Trump said in a social media post.

Bloomberg's ​team told the New York Times that he was sending about $80 million ⁠to Democrats in September and October. Bloomberg's office did not immediately respond to a ⁠request for ​comment.

The New York Times said at least $50 million of Bloomberg’s money was being used for House races, including $24 million for Everytown ⁠for Gun Safety, a group Bloomberg co-founded. He was also giving $16 million to ⁠House Majority ⁠PAC. Reuters has not independently verified the spending by Trump or Bloomberg.