The Koch
brothers’ political network says it spent some $400 million on US
politics in 2015 and is planning to cash out $899 million to shape
this year’s presidential election. The so-called donor network,
which is overseen by the conservative billionaires Charles G. and
David H. Koch, held its annual winter donor retreat at a luxury
resort near Palm Springs, California, on Saturday.
It was
revealed in the previous gatherings that the huge budget would allow
the organization to operate at the same financial scale as the
Democratic and Republican Parties. To put the Koch network’s
spending into perspective, it is worth mentioning that in the last US
presidential election, the Republican National Committee and the
party’s two congressional campaign committees spent a total of $657
million.
The $889
million spending goal for 2016 means that Kochs are ready to spend
nearly as much as the campaigns of each party’s final presidential
nominee in the race to succeed President Barack Obama into the White
House.
The Koch
brothers have kept their political and ideological activities a
secret and decided to “open up” their network only after
President Obama and many other Democratic figures called it a
sinister force in American politics.
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