Billionaire Tom Steyer qualifies for October debate stage
2020 Democratic candidate Tom Steyer has qualified for the October debate stage after reaching 2% in Nevada in the latest CBS News/YouGov poll.
The big picture: Steyer, a former hedge fund manager, previously hit the Democratic National Committee's threshold for individual donors, but needed to reach 2% in one more qualifying poll to make it to the next debate. After launching in July, Steyer vowed to spend $100 million of his own money on the campaign — upsetting some grassroots Democratic activists who said the money could go to better use.
- Steyer is the founder of NextGen America, an environmentally focused nonprofit and political action committee, and has spent millions of dollars bankrolling the "Need to Impeach" campaign.
- 11 candidates have now qualified for the October debates, meaning they will likely take place over the course of 2 nights. Hawaii Rep. Tulsi Gabbard is one poll away from qualifying.
Worth noting: Steyer was one poll short of qualifying for the third debate, which will take place this week.
Go deeper: Tom Steyer on the issues, in under 500 words