May 23, 2016

Spend-Happy Steyer Purchases Ads For Uncontested Primary, Gives $7 Million To His Super PAC Over One Month


Billionaire environmentalist Tom Steyer is burning through cash like never before. The Daily Caller reported Sunday that Steyer’s super PAC, NextGen Climate, will try to influence the uncontested June 7 California Republican presidential primary.

Steyer appears in a NextGen ad asking Californians to register and vote in the Republican primary, though it is still unclear why Steyer is producing ads for a primary with only one active candidate.

Of course, Steyer has made his personal political ambitions no secret. A Los Angeles Times article published just last week listed Steyer as a “player” in the 2018 race for California governor, and this latest ad seems to confirm their reporting.

Steyer may also be trying to turn the page on a disastrous few weeks in which he was tied to a “tax haven leak” from the British Virgin Islands and created a major rift between Big Labor unions that could last beyond the 2016 election.

The Daily Caller piece followed a Politico report that Steyer gave a staggering $7 million to NextGen Climate in the month of April alone. The contribution almost doubled his previous 2016 commitments to the super PAC, bringing Steyer’s total commitment for the year to $11 million.

Either Steyer is getting more ambitious as 2018 draws near, or he’s looking to spend his way out of a rough patch. Time will tell, though, if his 2016 spending turns out any better than his “less than stellar” 2014.