David Koch: 'I'm a Social Liberal'

ABC's Barbara Walters names David Koch one of the most intriguing people of 2014 as the roundtable discusses big money in politics and the Senate agreement to avoid a government shutdown.
8:23 | 12/14/14

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Transcript for David Koch: 'I'm a Social Liberal'
Now to one of more controversial parts of that legislation, provisions dramatically easing restrictions on the amount of cash individuals can donate to campaigns. One of the biggest republican donors, reclusive billionaire, David Koch, democrats love to hate him, and he just sat down with Barbara Walters for her new special on the most fascinating people of the year. Do you think it's fair that, because you have billions of dollars, you can influence elections? Well, I contribute to public candidate campaigns and there's a federal limit on how much you can contribute to each candidate. They have a law in that regard. I feel I'm doing it properly. You're not well liked primarily because of your very conservative politics. Describe your political point of view. I'm basically a libertarian and I'm a conservative on economic matters and I'm a social liberal. You support gay rights, you support a women's right to choose, but conservative candidates you support, many of them, do not have those view and Well, that's their problem. I do have those views. What I want these candidates to do is to support a balanced budget. I'm very worried if the budget isn't balanced inflation could occur and the economy of our country can suffer terribly. The candidates you support are because of their fiscal policies most importantly -- That's exactly right, Barbara. I'm really focused intensely on economic and fiscal issues, because if those go bad, the country as a whole suffers terribly. Our thanks to Barbara. Don't miss her special, the ten most fascinating people of 2014, tonight, at 9:00 eastern.

This transcript has been automatically generated and may not be 100% accurate.

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