Wednesday, January 28, 2015

Democrats Say Billionaire Koch Brothers Launch 2016 'Electoral Arms Race'

By Steve Holland and Amanda Becker

WASHINGTON, Jan 27 (Reuters) - Democrats acknowledged on Tuesday that it will be difficult, and likely impossible, to match the nearly $900 million that the conservative billionaire Koch brothers said their political network will spend during the 2016 campaign cycle.

The eye-popping figure emerged on Monday as donors met at a Koch-organized winter retreat near Palm Springs, California. It underscored Charles and David Koch's commitment to push for smaller-government policies via a web of advocacy organizations.

"It's a staggering amount of money and it's probably just the beginning," said Democratic strategist Bill Burton. "The truth is Democrats will never match what Republicans can put into these races."

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