Gage Skidmore / Flickr paul ryan...
Gage Skidmore / Flickr

In June 2017, Republican leaders attended an Aspen retreat and were given very specific directives by the Billionaire alliance and a threat: do what we say or the alliance will no longer fund the Republican party. 

One Texas-based donor warned Republican lawmakers that his “Dallas piggy bank” was now closed, until he saw legislative progress.

“Get Obamacare repealed and replaced, get tax reform passed,” said Doug Deason. “Get it done and we’ll open it back up.”

And so they did. On the backs of middle class and low income families, the wealthiest Americans got their long sought after tax cut. In the days immediately after the tax cut was signed into law, one of the Koch brothers made good on his promise and cut a check to Paul Ryan for $500,000. From the Huffington Post:

Just 13 days after the tax law was passed, Charles Koch and his wife, Elizabeth, donated nearly $500,000 to Ryan’s joint fundraising committee, according to a campaign finance report filed Thursday.

Five other donors, including billionaire businessmen Jeffery Hildebrand and William Parfet, each contributed $100,000 in the last quarter of 2017, according to the records.

“It looks like House Speaker Ryan is quickly being rewarded for passing this legislation that overwhelmingly benefits the Kochs and billionaires like them,” Adam Smith, spokesman for campaign finance reform nonprofit Every Voice, told the International Business Times, which first reported the Koch contributions.

Just imagine how much money they’ll throw at Republicans if Democrats don’t roar back to win big in the 2018 midterms and Republicans achieve Paul Ryan’s longtime dream of ending Social Security and Medicare.

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This is a Creative Commons article. The original version of this article appeared here.

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