Koch brothers plan to spend $889 million on 2016 election

A political network overseen by the billionaire Koch brothers plans to spend a staggering $889 million on the 2016 election.

Announced Monday during an annual winter meeting hosted by Freedom Partners, the total would more than double the $404 million the Republican National Committee spent on the 2012 presidential contest. The nearly $1 billion outlay would be financed by a staple of wealthy donors and the brothers themselves.

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