Kochs to double election spending in 2016

FINANCIAL TIMES: The conservative political network overseen by Charles and David Koch has earmarked nearly $900m to spend on the 2016 election cycle, in one of the starkest signs yet of the influence outside spending groups are wielding on US politics.

The vast spending goal revealed to donors on Monday and first reported by the Washington Post and Politico would more than double the $400m target the billionaire industrialists set in 2012 to defeat President Barack Obama and other Democratic causes.

It would also solidify the brothers’ standing as a political force potentially more potent than even the Democratic and Republican parties’ own establishedcampaign finance engines… (more)

Share