Michael BloombergFormer Mayor
Michael Bloomberg is a billionaire owner of a global financial services firm and a former three-term mayor of New York City.
Unions and Workers
Opposes efforts to raise the minimum wage because he believes it will lead to job loss and hurt working people.
Supports achieving universal health coverage by expanding Obamacare and Medicare.
Has been a leader in the fight against climate change, pouring billions into efforts to reduce carbon emissions and decrease reliance on coal.
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As a candidate for president, Bloomberg has vowed to "strengthen entitlement programs” but as New York City mayor, he called for cuts to Medicare, Medicaid and Social Security, calling Social Security a “Ponzi scheme.”
Touting his record as a businessman, Bloomberg unveiled a plan supporting policies to increase the minimum wage to $15 an hour, establish paid family leave, and strengthen unions.
This week, an audio recording surfaced of Bloomberg defending New York City’s “stop and frisk” law enforcement tactic. The candidate apologized and again acknowledged that the policy disproportionately harmed black and Latino men.
In an opinion piece published by the New York Times, Mayor Bloomberg said that while all Democrats running for President agreed that income inequality is one of our greatest problems, only “only one of us has actually raised taxes on the wealthy by persuading a Republican legislature to vote for them: Me.”
In addition to repealing Trump’s 2017 tax cuts for the wealthy, Bloomberg’s plan detailed a new surcharge on incomes above 5 million per year, among other provisions, that would fund new spending on healthcare, housing, infrastructure projects and other initiatives, according to the campaign.
Bloomberg unveiled a new plan to make housing more affordable, prevent evictions and provide support to people who are homeless.
Bloomberg Pledges to Curb Emissions By Investing in Access to Public Transportation, Walking and Biking
Bloomberg released a plan to improve air quality and reduce emissions by investing in better access to public transportation, walking and biking options.