Koch brothers form super PAC to back free-market candidates; will spend unlimited money on elections

Published: Tuesday, June 17, 2014, 5:54 p.m.

The political network connected to billionaire industrialists Charles and David Koch has formally formed a super PAC to spend unlimited amounts of money before the midterm elections.
The super PAC, Freedom Partners Action Fund Inc., filed its paperwork last week with the Federal Election Commission. Politico, which first reported the political action committee's creation, said the super PAC plans to spend $15 million.
The super PAC “will support candidates who share our vision of free markets and a free society and oppose candidates who support intrusive government policies that push the American dream out of reach for the American people,” Marc Short, president of Freedom Partners Chamber of Commerce, said in a statement.
The Koch political operation has become increasingly active before the midterm elections that will determine which party controls the Senate. Officials have set a $290 million fundraising target for this year's activities.
The move demonstrates that Freedom Partners trade group, an umbrella organization that distributed more than $240 million to like-minded groups in the year leading up to the 2012 election, is taking more direct action this year. It announced last week that it had reserved $30 million in advertising in several states with key Senate races.
By forming an affiliated super PAC, Freedom Partners will be able to run more aggressive advertising that directly calls for the election or defeat of candidates in the weeks and days before an election.


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