Koch brothers political network planning $889 million of spending in 2016

Conservative political advocacy groups supported by the billionaire Koch brothers plan to spend $ 889 million in the 2016 U.S. elections, more than double what they raised in 2012, the Washington Post reported on Monday. The newspaper said the goal was announced to donors at a weekend meeting in Rancho Mirage, California, hosted by Freedom Partners, a business lobby at the center of the Koch brothers’ political operation. The money will be doled out by a network of 17 organizations funded by industrialists Charles and David Koch, who have become a major force in conservative politics in recent years, and other wealthy donors. During the 2012 election cycle, the national Republican Party collectively spent about $ 675 million, according to election data compiled by the Center for Responsive Politics.

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