Bloomberg: 'Light-Hearted Affair' for Hillary Won't Raise Money

Michael Bloomberg told reporters at a press conference in Brooklyn that the party he’s throwing for Hillary Clinton tonight is just that--a party. It’s not a fund-raiser.

“I did not plan to help Hillary Clinton with her campaign debt," the mayor said. "She did not ask me and I don’t plan to do that.”

The party, he said, "[is] going to be a nice, light-hearted affair” and “a nice way to welcome her back.”

“I’m going to pick up the expenses, the incremental expenses on that [event] but I have no intention of helping her or anybody else out with their campaign debt," he said. "I’ve got a debt of my own. I spent a lot of money on campaigning.”

Clinton’s presidential campaign owes millions of dollars.