A billionaire hedge fund manager and former major GOP donor is tearing into Republicans, saying he is planning to use money from the GOP tax cuts to elect Democrats.
“I received a tax cut I neither need nor want,” Seth Klarman told The Boston Globe.
“I’m choosing to invest it to fight the administration’s flawed policies and to elect Democrats to the Senate and House of Representatives.”
Klarman said Republicans in Congress have failed to hold President TrumpDonald TrumpGOP grapples with chaotic Senate primary in Pennsylvania Trump social media startup receives commitment of billion from unidentified 'diverse group' of investors Iran thinks it has the upper hand in Vienna — here's why it doesn't MORE accountable. He added that GOP lawmakers have "abandoned their historic beliefs and values."
“For the good of the country, the Democrats must take back one or both houses of Congress," he said.
According to the Globe, Klarman has given about $222,000 to 78 Democrats running for Congress since the 2016 elections.