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Bloomberg spending at least $100M in Florida to beat Trump: report

Former New York City Mayor Michael BloombergMichael BloombergBiden's great challenge: Build an economy for long-term prosperity and security The secret weapon in Biden's fight against climate change Sanders celebrates Biden-Harris victory: 'Thank God democracy won out' MORE (D) reportedly intends to put at least $100 million toward helping boost Democratic presidential nominee Joe BidenJoe BidenBiden says GOP senators have called to congratulate him Biden: Trump attending inauguration is 'of consequence' to the country Biden says family will avoid business conflicts MORE’s chances in Florida, a state seen as key to President TrumpDonald John TrumpBiden says GOP senators have called to congratulate him Biden: Trump attending inauguration is 'of consequence' to the country Biden says family will avoid business conflicts MORE's reelection.

Bloomberg decided to lend financial support to Biden in Florida following reports about Trump weighing the use of some of his own wealth to boost his reelection campaign, Bloomberg advisers said, according The Washington Post on Sunday.

Trump has also told reporters that he would personally fund his campaign if the need was there.

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“If we needed any more, I would put it up personally like I did in the primaries last time,” Trump said last week at Joint Base Andrews. “If I have to, I’ll do it here, but we don’t have to because we have double and maybe even triple what we had a number of years ago, four years ago.” 

In a pair of tweets on Sunday, Trump lashed out at Bloomberg, whom he referred to as "Mini Mike," in response to the Post report.

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The reported move by Bloomberg, one of the wealthiest people in the world, comes after the billionaire poured millions into efforts supporting Democrats in the fall in recent months.

In the past year, Bloomberg has donated $10 million to the House Majority PAC to help support vulnerable Democrats this election cycle and $2 million to help back grassroots efforts in swing states, and he was reported to have pledged millions more toward efforts supporting House Democrats in the months ahead. 

During his brief, last-minute stint for president earlier this year, in which the billionaire funneled more than $900 million over the span of a few months, Bloomberg also vowed he would help boost whichever candidate won the Democratic Party nomination.

“Mike Bloomberg is either going to be the nominee or the most important person supporting the Democratic nominee for president,” Kevin Sheekey, Bloomberg’s campaign manager said at the time.

“He is dedicated to getting Trump out of the White House,” Sheekey added. 

The report comes as the Trump campaign has set its sights on securing more support in the swing state, which the president won in the 2016 presidential election, as some polls have shown Biden making ground in Florida in recent months.