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Koch network announces new super PAC ahead of midterms
Source: Washington Post
Koch network announces new super PAC ahead of midterms
By Michelle Ye Hee Lee
September 10 at 10:18 AM
The donor network aligned with billionaire industrialist Charles Koch launched a new super PAC on Monday, expanding its electoral power ahead of the midterm elections.
Through the new super PAC, Americans for Prosperity Action, the network’s political arm will be able to raise and spend unlimited amounts of money to call on voters to elect or defeat specific candidates — as long as they do not coordinate with the campaigns.
The super PAC will serve as a sister organization to Americans for Prosperity, a Koch-backed nonprofit that leads the network’s grass-roots operation in 36 states. As a social welfare nonprofit, that group faces certain restrictions on its political activity that a super PAC does not.
“Americans for Prosperity has been a difference-maker supporting policy champions in tight races, and AFP Action is a new tool that will allow us to expand those efforts and make an even larger impact,” super PAC spokesman Bill Riggs said in a statement.
-snip-
By Michelle Ye Hee Lee
September 10 at 10:18 AM
The donor network aligned with billionaire industrialist Charles Koch launched a new super PAC on Monday, expanding its electoral power ahead of the midterm elections.
Through the new super PAC, Americans for Prosperity Action, the network’s political arm will be able to raise and spend unlimited amounts of money to call on voters to elect or defeat specific candidates — as long as they do not coordinate with the campaigns.
The super PAC will serve as a sister organization to Americans for Prosperity, a Koch-backed nonprofit that leads the network’s grass-roots operation in 36 states. As a social welfare nonprofit, that group faces certain restrictions on its political activity that a super PAC does not.
“Americans for Prosperity has been a difference-maker supporting policy champions in tight races, and AFP Action is a new tool that will allow us to expand those efforts and make an even larger impact,” super PAC spokesman Bill Riggs said in a statement.
-snip-
Read more: https://www.washingtonpost.com/politics/koch-network-announces-new-super-pac-ahead-of-midterms/2018/09/10/61f56042-b4fd-11e8-a7b5-adaaa5b2a57f_story.html
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