TV News LIES

Thursday, Oct 23rd

Last update05:39:55 AM GMT

You are here News Politics Politico: The Koch brothers' secret bank

Politico: The Koch brothers' secret bank

E-mail Print PDF

Koch BrothersAn Arlington, Va.-based conservative group, whose existence until now was unknown to almost everyone in politics, raised and spent $250 million in 2012 to shape political and policy debate nationwide.

The group, Freedom Partners, and its president, Marc Short, serve as an outlet for the ideas and funds of the mysterious Koch brothers, cutting checks as large as $63 million to groups promoting conservative causes, according to an IRS document to be filed shortly.

The 38-page IRS filing amounts to the Rosetta Stone of the vast web of conservative groups — some prominent, some obscure — that spend time, money and resources to influence public debate, especially over Obamacare.

The group has about 200 donors, each paying at least $100,000 in annual dues. It raised $256 million in the year after its creation in November 2011, the document shows. And it made grants of $236 million — meaning a totally unknown group was the largest sugar daddy for conservative groups in the last election, second in total spending only to Karl Rove’s American Crossroads and Crossroads GPS, which together spent about $300 million.

More...


Most Recent Related Stories...


Obama Names Ron Klain as Ebola Czar

Ron KlainPresident Barack Obama will appoint Ron Klain his "Ebola czar," knowledgeable sources tell CNN.The president on...

Arkansas Supreme Court Strikes Down Voter ID Law

Voter IDArkansas' highest court on Wednesday struck down a state law that requires voters to show photo...

Appeals court restores tough Texas voter ID law

Texas voter id lawStrict voter ID requirements are back in force in Texas after the 5th Circuit Court of...

Texas voter ID law reinstated by federal appeals court

Voter ID TexasA federal appeals court on Tuesday reinstated Texas’ tough voter ID law for the November election,...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!