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Former New York Mayor Michael Bloomberg arrives to speak with Virginia House Delegate-elect Nancy Guy after launching his presidential campaign in the D'Egg cafe in Norfolk, Virginia on Nov. 25, 2019. Joshua Roberts/Reuters
Michael Bloomberg’s spending on ads is up to $58 million as he and fellow billionaire Tom Steyer permeate television markets and dominate spending among the Democratic presidential candidates.
Bloomberg spent more than $37 million on ads scheduled to run on television, mostly local networks, through the next week.