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2 Feb, 2014

The Jewish billionaire brothers ‘trying to buy America’ – The Independent

Two billionaire brothers who have poured their fortune into a network of charitable organisations that are dedicated to supporting Republican causes and candidates have been drawn into an unusual and very public spat with the Majority Leader of the US Senate, Harry Reid.

Senator Reid, a Democrat, provoked a new round of recriminations when, in off-the-cuff remarks on the Senate floor on Thursday, he openly accused David and Charles Koch of “actually trying to buy the country” by funding the organisations. He was speaking in support of a White House-backed plan to place new disclosure rules on the groups and limits on how far they can involve themselves in politics while retaining tax-free status.

“What they’re doing is spending their … dollars on governor’s races, and on the state level and, of course, spending huge amounts of money around the country attempting to defeat Democrats both in the House and the Senate,” Mr Reid said. “The Koch brothers hide all their campaign efforts. They disguise themselves with rare exception as social welfare organisations, with all these fancy names going after people who are trying to improve the country.”

Read the rest: Charles and David Koch: The billionaire brothers ‘trying to buy America’ – Americas – World – The Independent.