Independence USA PAC (Michael Bloomberg) spent $56M on independent expenditures in the 2020 federal elections, and 100% of it helped Democrats (FEC filings through Dec 31, 2020). Counting dollars, not candidates, and only races already called, 100% ended up on the winning side ($56M won, $0 lost).
Outside spending
$56M
On the winning side
100%
$56M
On the losing side
$0
Supporting vs attacking
96% / 4%
$54M for, $2.2M against
Google says Independence USA PAC also spent $1.5M on Google and YouTube ads this cycle (3% of its FEC-reported outside spending). All ad buyers →
Follow the money
Who filled the envelope
Independence USA PAC reported $67M in gifts from people, companies, nonprofits and other PACs. The biggest are below.
- Michael BloombergIndividual$67M (100%)
- Take Back 2020Another PAC$80K (0%)
Where the money went
Biggest targets, with whether each one paid off.
✓ Backed the winner or attacked the loser ✗ Backed the loser or attacked the winner Result not matched
| Candidate | Race | Spending | Amount | Paid off? |
|---|---|---|---|---|
| Joe Biden | President | Supporting | $54M | ✓ Yes |
| Eric S. Esshaki | Michigan 11th District | Attacking | $1.2M | ✓ Yes |
| Donald Trump | President | Attacking | $1.0M | ✓ Yes |
Questions people ask
- How much did Independence USA PAC spend in 2020, and did it win?
- Independence USA PAC (Michael Bloomberg) spent $56M on independent expenditures in the 2020 federal elections, and 100% of it helped Democrats (FEC filings through Dec 31, 2020). Counting dollars, not candidates, and only races already called, 100% ended up on the winning side ($56M won, $0 lost).
- Who funds Independence USA PAC?
- Its biggest reported donors in the 2020 cycle were Michael Bloomberg ($67M), Take Back 2020 ($80K), out of $67M received from donors tracked here.
- Which candidates did Independence USA PAC spend the most on in 2020?
- for Joe Biden (President, $54M, won); against Eric S. Esshaki (Michigan 11th District, $1.2M, won); against Donald Trump (President, $1.0M, won).