Posts tagged lobbying
Posts tagged lobbying
(And there are even more puns at the link)
Public Campaign provides the week in money in politics.
Twitter Inc. registered to lobby in July of this year and just reported they spent $40,000 lobbying the executive and legislative branches during the third quarter. But it is the long list of bills in the issue areas of civil liberties, copyright/patent, immigration, and telecommunications, that show how many government actions may impact on the company in the future.
(“Lobbyists Ready for a New Fight on U.S. Spending,” New York Times)
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Well, this says a lot:
An aging K Street has continued to boom even as middle-age and older Americans in other industries, such as manufacturing and business, have struggled to maintain relevance in the changing economy. Nearly half the 3.5 million jobless Americans are 45 or older, and the number of those unemployed for more than a year has quadrupled since 2007, according to recent Department of Labor statistics.
"While ideological gridlock continues to immobilize Capitol Hill, another of Washington’s institutions is morphing behind the scenes.
"The lobbying industry is becoming more secretive — reversing a trend that dates back to the 1990s. And campaign money now looms ever larger as a critical element in the persuasion business."
Pro-gun organization increases influence effort as congressional debate rages.
The Washington Post published a front page story on Wednesday looking at the plummeting tax rates paid by the 30 firms represented in the Dow Jones Industrial Average, providing a microcosm of the rampant tax avoidance by corporate America.
The Post does not delve into what might account for the failure of Congress to update to a fairer tax code that would put large multinationals on a more level playing field with smaller, domestic-focused companies, but looking at the political influence of the Dow 30, it’s hard to imagine that their status as lobbying giants does not play a part.
Since 1998, the Dow 30 have collectively spent over $2.2 billion dollars lobbying the federal government, based on Public Campaign analysis of data from the Center for Responsive Politics…
"Democrats control the White House and the Senate, but you wouldn’t know it by looking down K Street.
"Republicans hold more than 30 of the 50 highest-profile, in-house lobbying jobs in town, a POLITICO analysis found. That doesn’t even include lobbying shops and law firms, which have long been Republican-dominated."
Nice work if you can get it:
K Street shops, many in revenue decline for the past couple of years, can no longer afford the luxury of a high-priced former member. Senators usually don’t entertain offers worth less than $1 million, and House members’ threshold is typically about $700,000. And it’s an investment with no guaranteed payoff. Ever.