Koch brothers set $889 million budget for 2016 presidential election
Only some of the money, the amount of which is nearly double what the Kochs spent on 2012 elections, would come from the brothers themselves
The Koch Brothers’ political network plans to spend nearly $900m on the 2016 presidential election.
Freedom Partners, a group that serves a central role in the political activities of the brothers Charles and David Koch, unveiled its plan to spend $889m in the upcoming election to donors at an annual meeting in California on Monday. That amount is nearly double what the Kochs’ network spent in the 2012 presidential election.
Only some of the money would come from the Kochs themselves; the rest of the funding to be spent by the coalition that the brothers have helped to build and fund would be contributed by other donors.
The funding goal toes the $1bn that the campaigns of the major party presidential nominees are each expected to spend during the campaign. The money will be used for field operations, policy work and other campaign projects.
Republican politicians including Senator Joni Ernst of Iowa, Senator Cory Gardner of Colorado and Senator Thom Tillis of North Carolina made appearances at the three-day summit, according to the Washington Post. Wisconsin governor Scott Walker, a 2016 contender, flew to the convention from Iowa, where he spoke at a different conservative gathering over the weekend.
A Sunday night panel with other potential candidates – Senator Rand Paul of Kentucky, Senator Marco Rubio of Florida and Senator Ted Cruz of Texas – was broadcast online as part of the summit’s attempt at transparency.
The 2016 presidential election is on 8 November, 2016 – 651 days from Monday.
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