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Trump Backers Want Extra $1 Billion to Blunt Bloomberg Spending

  • Campaign, party officials in talks about raising more money
  • Bloomberg’s spending could negate Trump’s incumbent advantage
Donald Trump on Feb. 18.

Donald Trump on Feb. 18.

Photographer: Stefani Reynolds/CNP/Bloomberg

Members of President Donald Trump’s re-election team and some of the GOP’s biggest fundraisers are discussing a new goal of raising an extra $1 billion to compete with Michael Bloomberg’s record campaign spending, according to two bundlers who have been part of the discussions.

Bloomberg’s pledge to spend up to $1 billion to defeat Trump regardless of whether he wins the nomination is spurring Republicans to consider ways to keep up, including getting conservative billionaires to make much larger donations to Trump-related super-PACs.