⁍ The billionaire’s decision comes at a critical moment in the final 51 days of the race.

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⁍ Florida will be the biggest prize among competitive states on Election Day.

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⁍ Biden is planning his first in-person visit to Florida of the general election season on Tuesday.

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– Joe Biden’s campaign against President Trump is getting at least $100 million from a surprising source: Michael Bloomberg. The former New York City mayor, who spent $1 billion of his own money on a failed 2020 presidential bid, will inject at least $100 million to help Biden’s campaign against President Trump in Florida, Reuters reports. “Mike Bloomberg is committed to helping defeat Trump, and that is going to happen in the battleground states,” says Bloomberg adviser Kevin Sheekey, who adds that the move “will mean Democrats and the Biden campaign can invest even more heavily in other key states like Pennsylvania, which will be critical to a Biden victory.” Florida is expected to be the most expensive state to campaign in the final weeks of the race, with polls showing a close race in the battleground state and no financial advantage for the sitting president as voting gets under way later this month. Trump’s initial financial supremacy over Biden evaporated after the Republican’s campaign spent freely and Democratic fundraising surged once the party’s divisive primary ended. Trump’s re-election campaign and the Republican National Committee on Wednesday said they raised a combined $210 million in August, falling far short of Biden’s record-breaking haul of $364.5 million for the month that included both party’s televised conventions. The strong fundraising may have allowed Biden to completely erase a long deficit in fundraising against Trump. Before the August fundraising tally, the Trump campaign reported having $300 million in cash on hand, compared with Biden’s $294 million. Neither campaign has reported a more recent figure.