Monday, January 29, 2018

GOP Tax Cut Victory Fuels Koch Group’s Midterm Election Push


INDIAN WELLS, Calif. — The Koch-backed political juggernaut that helped fuel political opposition to the Affordable Care Act will now deploy its resources in defense of the signature legislative accomplishment of the Trump era, aiming to provide cover for Republican lawmakers who backed a major tax overhaul in the face of stiff political headwinds.

Americans for Prosperity, the chief political arm of the network of public advocacy organizations founded by industrialists Charles and David Koch, this weekend reiterated the pledge it made last summer to spend upwards of $400 million to help boost likeminded candidates and incumbents in the midterm elections.

What’s changed in the six months since the Koch network last gathered is that the GOP-led Congress rebounded after a failed Obamacare repeal effort to see through legislation slashing corporate and individual tax rates.

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Source: NBC News

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