Washington (CNN) Sen. Bernie Sanders on Sunday knocked Michael Bloomberg's decision to enter the 2020 race for the Democratic presidential nomination, saying his new opponent is "not going to get very far in this election" and continuing his attacks on the former New York mayor's billionaire status.

"We do not believe that billionaires have the right to buy elections, and that is why we are going to overturn Citizens United, that is why multi-billionaires like Mr. Bloomberg are not going to get very far in this election, that is why we are going to end voter suppression in America," Sanders said during a town hall in New Hampshire following Bloomberg's announcement.

Sanders and other Democrats have repeatedly taken shots at a Bloomberg candidacy since there were rumblings of the former three-term mayor potentially entering the crowded 2020 Democratic field. Bloomberg's wealth and influence is a perfect juxtaposition to Sanders' message about the 1% overpowering working-class Americans.

In an interview with CNN, Faiz Shakir, Sanders' campaign manager, also blasted Bloomberg's entry into the race, saying he "(doesn't) think his candidacy is going to go anywhere."

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