The Koch Brothers Spent Twice as Much on the 2012 Election as the Top Ten Unions Combined

The Koch Brothers Spent Twice as Much on the 2012 Election as the Top Ten Unions Combined

The Koch Brothers Spent Twice as Much on the 2012 Election as the Top Ten Unions Combined

When Super PAC contributions and dark money are taken into account, David and Charles Koch spent over $412 million during the last election cycle. 

Facebook
Twitter
Email
Flipboard
Pocket

This post was originally published at RepublicReport.org

The Wall Street Journal’s Kimberley Strassel either has no understanding of campaign finance, or is willfully misleading her readers. In either case, her column today about the Koch brothers’ political spending—which parrots a meme that has bounced around conservative blogs and websites like a bad chain e-mail—gets the facts about Koch spending versus union spending completely wrong.

In her column, “The Really Big Money? Not the Kochs,” Strassel cites a Center for Responsive Politics list to claim that unions “collectively spent $620,873,623 more than Koch Industries” on political races. Of course, if you actually visit this page on the CRP website, the list runs below a disclaimer noting that it does not include certain Super PAC spending or most undisclosed dark money spending, the preferred route for the Koch brothers for decades. In fact, the CRP site notes that union spending might appear inflated since unions’ traditional PAC spending is coupled with outside Super PAC spending. For the purposes of this chart, union spending is inflated compared to the giving of companies like Koch or Super PAC donors like Sheldon Adelson.

For the last election, Koch PACs spent $4.9 million in disclosed contributions (figures that appear on the chart referenced by Strassel). But they also spent over $407 million on undisclosed campaign entities, which does not show up in the CRP chart.

Republic Report broke down the figures for the last election and found that Koch groups alone spent more than double the combined political spending (including to undisclosed group) for the top ten unions combined. The chart includes union spending on dark money Democratic groups and Koch spending on dark money groups like Americans for Prosperity.

This undisclosed campaign system is nothing new for the Koch brothers. In 1995 and 1996, Koch set up a shell company called Triad Management to spend millions in secret money to help the Republican Party. Of course, this type of spending never shows up in databases like the one cited by Strassel.

All NLRB-regulated unions, on the other hand, disclose every outside payment. Payments that cannot be found through the FEC can be found on a database maintained by the Labor Department. Individuals and corporations are under no such similar disclosure rules. The Koch money identified recently by The Washington Post, the $407 million, relates only to money filtered through foundations and nonprofits. The money Koch spends as a corporate entity, as it has in the past, may have gone unreported.

 

Thank you for reading The Nation!

We hope you enjoyed the story you just read. It’s just one of many examples of incisive, deeply-reported journalism we publish—journalism that shifts the needle on important issues, uncovers malfeasance and corruption, and uplifts voices and perspectives that often go unheard in mainstream media. For nearly 160 years, The Nation has spoken truth to power and shone a light on issues that would otherwise be swept under the rug.

In a critical election year as well as a time of media austerity, independent journalism needs your continued support. The best way to do this is with a recurring donation. This month, we are asking readers like you who value truth and democracy to step up and support The Nation with a monthly contribution. We call these monthly donors Sustainers, a small but mighty group of supporters who ensure our team of writers, editors, and fact-checkers have the resources they need to report on breaking news, investigative feature stories that often take weeks or months to report, and much more.

There’s a lot to talk about in the coming months, from the presidential election and Supreme Court battles to the fight for bodily autonomy. We’ll cover all these issues and more, but this is only made possible with support from sustaining donors. Donate today—any amount you can spare each month is appreciated, even just the price of a cup of coffee.

The Nation does not bow to the interests of a corporate owner or advertisers—we answer only to readers like you who make our work possible. Set up a recurring donation today and ensure we can continue to hold the powerful accountable.

Thank you for your generosity.

Ad Policy
x