Koch Network Plans To Spend Nearly $1 Billion In 2016 Campaign Cycle

FILE - In this Aug. 30, 2013 file photo, Americans for Prosperity Foundation Chairman David Koch speaks in Orlando, Fla. Democratic Senate candidates are gambling they can turn voters against two obscure billionaire... FILE - In this Aug. 30, 2013 file photo, Americans for Prosperity Foundation Chairman David Koch speaks in Orlando, Fla. Democratic Senate candidates are gambling they can turn voters against two obscure billionaire brothers who are funding attacks on them and the president’s health care law. Democrats are denouncing Charles and David Koch two of world’s richest people. The pair’s political network is spending millions on TV ads hitting Democrats in North Carolina and several other states. Senate Majority Leader Harry Reid says the Kochs are paying huge sums to try to “buy” elections and advance a self-serving agenda of low taxes and less regulation. (AP Photo/Phelan M. Ebenhack, File) MORE LESS
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The political organization backed by the Koch brothers plans to spend almost a billion dollars in the 2016 campaign cycle.

News of the fundraising goal was revealed by donors at a yearly winter retreat hosted by Freedom Partners, a tax-exempt group that acts as the center of the Koch brothers-backed political operation, according to The Washington Post.

The $889 million is double what the 17 groups in the Koch network spent in 2012.

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