Republicans Take In Koch Money, Democrats Still Carry Debts

Posted March 21, 2014 at 4:45pm

The six national party committees reported improved financial conditions by the end of February, but some committees still carry debts, and one committee received more than $100,000 from members of the Koch family and their company.  

The four Congressional committees benefited from PACs paying their yearly dues. Each brought in more than $1 million from PACs and other committees.  

The Democratic Senatorial Campaign Committee  reported receipts of $6,766,303 and disbursements of $3,701,236 during February, leaving $18,053,086 cash on hand at the end of the month, along with $1,250,000 still owed on an outstanding loan. During the month they repaid $1,250,000 on their outstanding loan from Bank of America, the remainder of which is due on March 31, 2014.  

Selected donors include Sen. John D. Rockefeller, D-W.Va., $32,400; Sharon Percy Rockefeller (president, WETA Public Television) $32,400; John B. Henry (writer, N.Y.) $27,200; Andrew T. Feldstein (CEO, Blue Mountain Capital, NY) $32,400; Andrew Beck (managing director, D.E. Shaw & Co., NY) $32,400; Anne Bass (investor, Keystone Inc, TX) $32,400; among others.  

The National Republican Senatorial Committee  reported receipts of $5,474,291 and disbursements of $2,740,107 during February, leaving $12,753,036 cash on hand at the end of the month, and no debts.  

Selected donors include Charles G. Koch (executive VP, Koch Industries, KS) $32,400; Mr. C. Chase Koch (vice president, Koch Nitrogen Company, KS) $32,400; and Julia F. Koch (homemaker, KS) $32,400. The committee also received $15,000 from the Koch Industries PAC.  

Other donors included Armen Avanessians (managing director, Goldman Sachs, NY) $32,400; John K. Castle (CEO, Castle Harlan Inc., FL) $32,400; Marianne Castle (FL) $32,400; Thomas Finke (CEO, Babson Capital Management LLC. NC) $32,400; among others.  

The Democratic National Committee/DNC Services Committee  reported  receipts of $7,493,452 and disbursements of $6,276,751 in February, leaving $6,963,853 cash on hand, with outstanding debts of $15,217,270.  

The Republican National Committee  reported  receipts of $7,148,265 and disbursements of $6,939,611, leaving $10,025,258 cash on hand, with no debts.  

The Democratic Congressional Campaign Committee  reported  receipts of $6,432,419 and disbursements of $4,246,311 during February, leaving $34,410,591 cash on hand at the end of the month, with no debts.  

The National Republican Congressional Committee  reported  receipts of $5,128,557 and disbursements of $4,357,648 during February, leaving $24,773,236 cash on hand, and no debts.