Billionaire says he's in for the long haul

Aug. 31, 2012 at 10:29 AM

TAMPA, Fla., Aug. 31 (UPI) -- U.S. billionaire David Koch says he's spending millions of dollars to support conservative groups because he believes in fiscal responsibility.

Koch, who helped found the conservative non-profit Americans for Prosperity, said he plans to remain active in politics after the election, USA Today reported Friday.

"We're in this for the long haul," he told reporters Thursday in Tampa at the Republican National Convention.

The New York businessman and his brother, Charles, have been cast as villains of the right by Democrats, USA Today said. Koch dismissed the characterization, saying he also donates to arts groups and cancer research.

"I try to do things in life that make the world a better place," Koch was quoted as saying. "I'm a Republican, and I support fiscal responsibility, and I ... like to speak out."

Like Us on Facebook for more stories from UPI.com  
Latest Headlines
Top Stories
Joel Osteen heckled, 6 arrested during service at Houston megachurch
Ghost hunters discover woman's body at abandoned Mississippi hospital
Walmart sorry for making Islamic State cake after rejecting Confederate flag cake
Cuomo on escaped inmates: Plan was to kill prison worker's husband
NBCUniversal cuts ties with Donald Trump over immigration comments