Koch Brothers' Budget of $889 Million for 2016 Is on Par With Both Parties' Spending - ... - 0 views
www.nytimes.com/...-million-on-2016-campaign.html
campaign financing election GOP spending rich plutocracy
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The political network overseen by the conservative billionaires Charles G. and David H. Koch plans to spend close to $900 million on the 2016 campaign, an unparalleled effort by coordinated outside groups to shape a presidential election that is already on track to be the most expensive in history.
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In the last presidential election, the Republican National Committee and the party’s two congressional campaign committees spent a total of $657 million.
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The $889 million spending goal for 2016 would put it on track to spend nearly as much as the campaigns of each party’s presidential nominee.
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Now the Kochs’ network will embark on its largest drive ever to influence legislation and campaigns across the country, leveraging Republican control of Congress and the party’s dominance of state capitols to push for deregulation, tax cuts and smaller government.
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While almost no Republican Party leaders were invited to the Koch event, it has become a coveted invitation for the party’s rising stars, for whom the gathered billionaires and multimillionaires are a potential source of financing for campaigns and super PACs
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“It’s no wonder the candidates show up when the Koch brothers call,” said David Axelrod, a former senior adviser to Mr. Obama. “That’s exponentially more money than any party organization will spend. In many ways, they have superseded the party.”
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At least five potential presidential candidates were invited this year, and four attended, including Gov. Scott Walker of Wisconsin. On Sunday evening, three of them — Senators Marco Rubio of Florida, Rand Paul of Kentucky and Ted Cruz of Texas
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The Kochs are longtime opponents of campaign disclosure laws. Unlike the parties, their network is constructed chiefly of nonprofit groups that are not required to reveal donors.
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As the three senators addressed the audience of rich donors — effectively an audition for the 2016 primary — they dismissed a question about whether the wealthy had too much influence in politics. At times they seemed to be addressing an audience of two: the Kochs themselves, now among the country’s most influential conservative power brokers.
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Mr. Cruz gave an impassioned defense of his hosts as job creators and the victims of unfair attacks by Democrats, while Mr. Rubio suggested that only liberals supported campaign finance restrictions, so as to empower what he said were their allies in Hollywood and the news media.