Donald Trump, the President of the United States of America, said on Tuesday, October 28, that he has spent more than $300 million on Republican election efforts.

Donald Trump, the President of the United States of America, said on Tuesday, October 28, that he has spent more than $300 million on Republican election efforts.

At the same time, the "New York Times" reported that Michael Bloomberg, the former mayor of New York City, will spend 80 million dollars to help the Democrats before the midterm elections for Congress on November 3.

These financial commitments are announced at a time when Democrats are trying to regain control of Congress; Congress, both chambers of which are controlled by Republicans, and 470 seats are up for election.

In a post on his social network, Truth Social, Trump wrote: "I have spent or will spend more than 400 million dollars until election day. More than $300 million was spent on advertising, direct and indirect contact with voters, gatherings, meeting halls, telephone meetings, voter recruitment programs, protecting the integrity of elections and other things. Michael Bloomberg's staff told the New York Times that he spent about $80 million on Democrats in September and October.