Is It Worth $102 Million To Be Mayor Of New York?
That’s what Michael Bloomberg spent for a third term, after overturning term limits, against a relatively unknown opponent. At $183 a vote, it makes Bloomberg the biggest-spending self-financed politician in US history.
Bloomberg defeated city comptroller William Thompson by fewer than five percentage points, a margin far smaller than polls had predicted, after he pressed the City Council to change the city’s voter-approved term-limits law last year to allow him to run for a third term.
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