GOP Fear Loss of Koch Network Money Could Hurt Party in November

GOP Fear Loss of Koch Network Money Could Hurt Party in November

Some Republican lawmakers are growing concerned that a loss of financial support from the powerful Koch brothers’ network could hurt the GOP’s chances in the November midterm elections, NBC News is reporting.

The Koch network spends about $400 million each election cycle on politics and policy, NBC News noted. In the past, a large percentage of the money has gone to elect Republicans to Congress.

Charles Koch now oversees the network since the retirement of his brother David.

But it has announced the group is pulling back its political support and “raising the bar” for a candidate to be endorsed, NBC News noted.

The Koch network and President Donald Trump are divided on the issues of tariffs and immigration, NBC News said.

Sen. David Perdue, R-Ga., said he is “very concerned” about the Koch network’s new policy.

“We need all the help we can get right now because the left is very clear because the presidential candidate they’re going to put up in 2020 is going to be very liberal,” Perdue said.

Chris Wilson, director of research, analytics and digital strategy for the Ted Cruz presidential campaign, added: “There are honest disagreements within the GOP on some topics, tariffs and trade obviously being one of them. And the Koch’s strong free market ideology doesn’t fit well with the current set of policies being pushed by the White House.”

Trump blasted Charles Koch in a tweet on Thursday.

The president’s comments came after Koch discussed Trump’s trade policies on Sunday.

“This is ridiculous, we should just get rid of all barriers except on things that will hurt people.”

“Yeah, it’s unfair. It’s unfair to their people,” Koch said of countries affected by the policies.

While some are expressing concern over the loss of Koch money to Republicans, others maintain it will not make much difference.

“In truth we’re not going to solve the American people’s problems with more money. We’re going to solve it by being unified and working on the people’s agenda between now and November,” Rep. Mark Meadows, R-N.C., said.

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