Koch Brothers Pledge to Spend Upwards of 400 Million for This Year's Midterms

The Koch brothers, at their biannual donor conference, pledged to spend up to 400 millions dollars to protect Republican majorities during this years midterms. That's 60% more than what the Koch network spent in 2016 and the most the network has ever spent on a midterm. Much of the money will go toward an online and TV advertising blitz promoting the tax reform bill, which is expected to save Koch Industries more than 1 billion dollars a year. "We've made more progress in the past five years than i had in the last 50," the 82-year old Charles Koch told the assembled donors.

Source: https://www.reuters.com/article/us-usa-election-kochs/fearing-democratic-wave-koch-network-to-spend-big-on-u-s-midterm-elections-idUSKBN1FI07H