Chemical And Metals Billionaire Harold Simmons To Spend $36 Million To Back Republicans

Texas billionaire Harold Simmons, owner of Contran Corp., told the Wall Street Journal he plans to spend $36 million before the November elections to help elect Republican candidates. That total includes the $18 million he has already given to conservative super PACs. Simmons was fined in in 1988 and 1989 for surpassing federal contribution limits, but thanks to the Citizens United and SpeechNow rulings, he is free to give as much as he wishes to super PACs.