April 4, 2011- Today, the Center for American Progress Action Fund released a report shedding light on the vast Koch network and how it operates. The report shows that Charles and David Koch have used the considerable wealth (they are worth a combined $44 billion) to push policies that put their profits ahead of the interests of most Americans.
The report finds:
•Grassroots organizing for big business. The Koch brothers use their considerable wealth to bankroll the right wing, including the Tea Party. This serves the purpose of furthering not only their right-wing ideology but also their bottom line. Koch Industries has a lot to gain from gutting government oversight and electing candidates who oppose government regulation, especially in the oil-and-gas industry.
•$85 million to 85 think tanks. Identification of at least $85 million the Koch brothers have given to at least 85 right-wing think tanks and advocacy groups over the past decade and a half.
•State organizing. The Koch brothers are active at the state level, spending $5.2 million on candidates and ballot measures in 34 states since 2003. They donated directly to 13 governors that won election last year.
•Over 70% of the GOP Freshman. The Kochs donated directly to 62 of the 87 members of the House GOP freshman class.
•2012. The Kochs are not going away. In fact, they have already pledged to raise $88 million for the 2012 election and have started scheduling events for potential Republican presidential candidates.
Read the full report here.
This report is intended to be a guide to help progressives map out the vast network of influence the Koch brothers have built over the last decades. By exposing the Koch brothers’ agenda and shedding light on how they operate, progressives can force a public debate that will show that the Koch brothers are outside the mainstream of most Americans and that they are putting their self-interest and right wing agenda ahead of middle-class families.