The spending goal, revealed Monday at the Kochs' annual winter donor retreat near Palm Springs, Calif., would allow their political organization to operate at the same financial scale as the Democratic and Republican Parties. It would require a significant financial commitment from the Kochs and roughly 300 other donors they have recruited over the years, and covers both the presidential and congressional races. In the last presidential election, the Republican National Committee and the party's two congressional campaign committees spent a total of $657 million.
Hundreds of conservative donors recruited by the Kochs gathered over the weekend for three days of issue seminars, strategy sessions and mingling with rising elected officials. These donors represent the largest concentration of political money outside the party establishment, one that has achieved enormous power in Republican circles in recent years.
Comment: The money and power of the Koch brothers has been welded previously to buy politicians and influence political policy:
- Koch brothers' tangled political network uses obscure LLCs to hide their conservative propaganda spending from the public
- U.S. Sen. Dick Durbin: Koch brothers spearheading voter suppression effort
- Koch Brothers Convene Super-Secret Billionaires' Meeting for 2012 US Elections
- Canada: Koch Industries registers to lobby Alberta government for access to crude oil reserves
- War on women: Koch brothers poured tens of millions of dollars into anti-choice movement
- Senator Harry Reid sez the billionaire Koch brothers are 'trying to buy America'