The pressure is on for Warren Buffett to re-engage in political giving – something he has avoided for the past five years.
Democrats are counting on the billionaire’s political generosity to win key elections in the 2024 elections, Bloomberg reported.
“Every time the Buffetts get involved, it signals to other donors that it’s more important to give,” Jane Kleep, chair of the state Democratic Party, told Bloomberg.
In a typical scenario for today’s US elections, the presidency could come down to Omaha’s electoral vote alone. Nebraska has five electoral votes up for grabs in total, but the state is just one of two states that awards votes to the winners of each congressional district rather than a winner-takes-all system.
In what is expected to be a hotly contested election, it will be up to several battleground states to determine whether President Joe Biden or Donald Trump triumphs. If Biden gets Omaha’s vote and wins Michigan, Pennsylvania and Wisconsin (a trio he swept in the 2020 election), he will retain the White House.
Many are convinced that Buffett’s hometown, which some call “Joemaha,” will be chosen for the outgoing president, who won the corresponding congressional district in 2020. But Trump won the district in 2016, leaving others worried about to Biden’s chances, according to Bloomberg.
It could all depend on how much Democrats have to spend in the district.
“I hope they get more involved in this cycle in a visible way, because Buffett brings good luck,” Kleep told Bloomberg.
Conservatives, meanwhile, are campaigning to change how Nebraska’s electoral votes are distributed. Trump is pushing for legislation to move Nebraska to a winner-takes-all system.
“I am unwavering in my commitment to taking victory to the finish line, honoring our constitutional foundation, unifying our state, and ending the three-decade-old mistake of distributing Nebraska’s electoral votes differently than every other state except one,” Republican Gov. Jim Pillen tweeted in April, pledging to sign the bill if it reaches his desk via a special legislative session.
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