Background
Citizens for a Sound Economy (CSE) was established in 1984 by David H. Koch and Charles G. Koch of Koch Industries. "CSE received almost $5 million from various Koch foundations between 1986 and 1990, and David Koch and several Koch Industries employees serve as directors of CSE and the CSE Foundation." In 1989, CSE purchased the financially troubled Tax Foundation and operated it as a subsidiary from CSE's offices until the split in 2004. In 2003, Dick Armey became the chairman of CSE after retiring from Congress. In 2004, Citizens for a Sound Economy split into FreedomWorks, for 501c4 advocacy activity, and Americans for Prosperity Foundation. Dick Armey stayed as chairman of FreedomWorks, while David Koch stayed as Chairman of Americans for Prosperity Foundation.
Read more about this topic: Citizens For A Sound Economy
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