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Koch Industries Distances Itself From Obamacare Fight

Koch Industries Inc., a holding company led by two billionaire brothers who help finance Republican-aligned public policy groups, sent a letter to U.S. senators yesterday saying the company hasn’t advocated using Obamacare as leverage in the debate about government spending.

Congress should focus on “balancing the budget, tightening and cutting government spending, curbing cronyism, and eliminating market-distorting subsidies and mandates,” the letter said.