Rep. Alexandria Ocasio-Cortez (D-NY) stated during her Wednesday interview on "The View" the billionaires behind companies like Walmart and Amazon should not exist because they underpay their employees.

Co-host Meghan McCain asked Ocasio-Cortez how she felt about the presence of billionaires Tom Steyer and Michael Bloomberg in the Democratic race for president. Both Steyer and Bloomberg have spent vast amounts of personal wealth on their campaigns, with Bloomberg topping the spending chart.

Ad spending by 2020 Democrats so far:



Bloomberg $417.7 million

Steyer $193.6

Sanders $41.8

Buttigieg $40

Warren $21.4

Biden $12.3

Klobuchar $10.6

Gabbard $5.4



It is simply stunning what Bloomberg is doing by dropping $417.7 *million* entirely in states that haven't voted yet. — Josh Jordan (@NumbersMuncher) February 17, 2020

“And here’s the thing is that If the amount of money that you have can force the DNC to change their rules but the DNC would not change their rules for Cory Booker, Julian Castro, Kamala Harris, that is — that is an actualization of power," Ocasio-Cortez said.

"And we all know how I feel about billionaires. I don’t think that in a place where 60 percent of Americans can’t even, you know, make more than $40,000 a year that the presence of a billionaire who largely makes their money off of businesses underpaying their workers like Walmart, like Amazon, like so on, should exist," she continued.

Bloomberg is spending huge sums of money on ads and campaign staff to make up for his late entry in the race and not being on the ballot in early primary states. He was also ineligible to be on the debate stage since he did have the need for donors until the Democratic National Committee changed its rules, allowing Bloomberg to appear for Wednesday's debate in Las Vegas.



