Marketplace®

Daily business news and economic stories

The Koch brothers’ $900 million war chest

The brothers vow to raise nearly a billion dollars from a few hundred people.

David H. Koch.
David H. Koch.
Chip Somodevilla/Getty Images

Even in the big-money world of politics, $900 million dollars is a striking amount. Some Washington watchers say the fact that the money will come from just a handful of people ought to raise concerns that the U.S. is teetering on the brink of becoming an oligarchy.

Big donors are a relatively rare breed. Data from the Center for Responsive Politics shows that, in the 2012 election cycle, only about 0.4 percent of Americans donated more than $200 to a candidate, political party or political action committee. And, as the 2012 presidential campaign illustrated, the party that spends the most doesn’t necessarily win.

Click the media player above to hear more.

Related Topics