david koch

Reid to Koch Brothers: Stay Out of Nevada

Reid makes his way to a news conference after the Oct. 6 Senate policy luncheons. (Tom Williams/CQ Roll Call)

Senate Minority Leader Harry Reid woke up swinging at familiar foes Tuesday morning: energy magnates Charles and David Koch.  

The Nevada Democrat took to the editorial pages of the Las Vegas Sun to decry the Kochs' criticism of a Nevada natural gas plant proposal earlier this month and their prior promise to spend close to $1 billion in the 2016 election cycle. "Nevadans and people throughout the country must see through this shameful attempt to subvert our democratic process," Reid wrote. "It’s time we let these power-hungry billionaires know that Nevada, the country and the future of our environment are not for sale."  

Republican Governors Association Raises $24 Million

The Republican Governors Association,  a Section 527 political organization,  reported  it raised $24.1 million and spent $15.6 million during the second quarter of 2014.  

Major donors included David Koch , executive VP, Koch Industries (NY) $2.5 million; Sheldon Adelson , CEO, Las Vegas Sands Corp. (NV) $2.5 million; and Ken Griffin , CEO, Citadel Group (IL) $1.5 million.  

Koch Starts Lobbying on Campaign Finance Issue

The company owned by billionaires Charles and David Koch, who contribute millions to political advocacy groups that spend money on political advertising and impacting elections, has now started to lobby on the issue of campaign finance.  

The Koch Companies Public Sector LLC , an energy, manufacturing, trading and investment company, has contracted  with The Nickles Group to lobby the federal government on issues relating to campaign finance, and the wind energy production tax credit.  

Cantor Spends $1 Million, Koch Contributes

House Majority Leader Eric Cantor, R-Va., reported spending over $1 million during April and three weeks in May, prior to his upcoming primary on June 10th. National donors, such as David Koch, and interest groups helped fund his campaign.  

Cantor for Congress, the campaign committee of Rep. Eric Cantor , R-Va., reported  it had receipts of $449,300 and disbursements of $1,002,774 from April 1st through May 21st, leaving $1,500,911 cash on hand.  

Corporations Can Expect To Pay More For Conventions

Congress has taken steps to remove public funds from partially paying for national party conventions, but corporations, unions, and individuals will soon be on the hook for making up the difference.  

The Senate on Tuesday passed a bill by voice vote to end taxpayer funding for presidential party conventions and use those funds for researching pediatric cancer and other childhood disorders. The funds come from the $3 check-off on taxpayer annual returns.  

National Section 527 Organizations Raise Over $133 Million

New financial reports from national political organizations, organized under Section 527 of the I.R.S. code, have brought the total of money raised last year to over $133 million, an increase of over $50 million from new reports filed in the last few days.  

The 488 national Section 527 organizations which impact indirectly on federal elections raised $133,007,637 in 2013.