Top Spenders On Capitol Hill Pay Billions, Receive Trillions

by - November 18, 2014

How much power should corporations wield in Washington? It's an enduring question — and now the Sunlight Foundation has devised a new way to gauge that power. The foundation took the 200 corporations most active in Washington, analyzed the years 2007-2012 and applied several metrics: what the companies got in federal contracts and other federal support, what they spent on lobbying, how much their executives and political action committees gave in campaign contributions. Bill Allison, the Sunlight Foundation's editorial director, says there aren't permanent majorities governing in Congress and the executive branch — "but there really are permanent interests in Washington," he says. With some companies, a policy of giving big to political campaigns might seem pretty obvious; at other companies, it's less obvious. "But federal spending is a big part of their business model," Allison says. He says the top 200 corporations accounted for nearly $6 billion in lobbying and campaign contributions. Those same corporations benefited from more than $4 trillion in federal contracts and assistance.

Source: Top Spenders On Capitol Hill Pay Billions, Receive Trillions : NPR

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