Why is Paul Ryan smiling? Because he got paid.
House Speaker Paul Ryan collected nearly $500,000 in campaign contributions from Charles Koch and his wife after helping usher through a massive tax reform law. According to a recent campaign finance report filed Thursday, Koch and his wife Elizabeth each donated $247,7000 to Ryan’s joint fundraising committee… The Republican tax overhaul plan passed in December benefited Koch Industries, as it cut the corporate tax rate from 35 percent to 21 percent, among other cuts. The legislation then got a boost from the Kochs’ multimillion-dollar public relations campaign to highlight its benefits. And 13 days after it passed, Charles and Elizabeth Koch made the near $500,000 donation to Team Ryan, which raises money for the congressman, the National Republican Congressional Committee and a political action committee run by Ryan. On the same day, Charles and Elizabeth Koch also each donated $237,000 to the NRCC.
There’s a word for this: corruption. Ryan is a bought and paid for stooge for billionaires, and he has received his quid pro quo. It’s gotten so bad they don’t even try to hide it any more.