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money in politics
Energy Industry's Lobbying Outlay: $2.9 Billion Since 2000
By David Sessions - Politics DailyLarge energy industries, led by oil and gas, have spent a combined $2.9 billion over the past decade on electing candidates, lobbying for industry-friendly policy, and swaying regulators in their favor, according to a report released Tuesday by Common Cause, a nonpartisan organization that monitors money in politics. Since 1990, donations to lawmakers from employees of energy companies and their political action committees have increased more than 300 percent, according to the report, which is based on public data from the Center for Responsive Politics, a government watchdog group. While ...
Protesters Dressed as Founding Fathers Crash D.C. Fundraisers
By David Sessions - Politics DailyRolling around the capital in a dark-green trolley Wednesday morning, a troupe of actors dressed as George Washington, Thomas Jefferson, Benjamin Franklin and Betsy Ross visited three D.C. fund-raising hotspots to protest special interests and crusade for the Fair Elections Now Act, a bill that would establish a public funding system for House and Senate elections and limit outside sources of cash for congressional campaigns. "We cast off the yoke of British tyranny, and today we are called on again to cast off the yoke of British Petroleum," an actor playing Thomas Jefferson said outside the ...
Lisa Murkowski Received $400,000 from Oil and Gas in 8 Years
By David Sessions - Politics DailyOn Thursday, Sen. Lisa Murkowski (R-Alaska) blocked a bill that would have raised oil companies' "responsibility cap" -- the maximum amount in damages companies must pay for their accidents -- from $75 million to $10 billion. On Friday, Murkowski's office was rebutting critics who were asking whether her opposition to the measure had anything to do with the fact she is a major supporter of offshore drilling who has received $426,989 in campaign donations from the oil and gas industry over her eight-year Senate career. Murkowski is the top Republican on the Energy and Natural Resources ...
Republican Senate Committee Raises More in December, But Democrats End 2009 Ahead
By David Sessions - Politics DailyThe National Republican Senatorial Committee raised more money in December than its Democratic counterpart, but the Democratic Senate Campaign Commitee ended the year with a $4.3 million cash-on-hand advantage. The NRSC raised a total of $41.2 million in 2009, and finished the year with $8.3 million in the bank, while the DSCC raised $43.6 million and closed out 2009 with $12.5 million on hand. The Republicans said Friday that they have no debt as of year-end 2009, while the Democrats have about $1.25 million in debt left over from last year. ...
Supreme Court Removes Limits on Corporate, Union Spending in Campaigns
By David Sessions - Politics DailyThe Supreme Court overturned two of its own decisions and a 63-year-old law limiting corporate contributions to political campaigns in a 5-4 ruling Thursday, the Associated Press reports. The ruling allows companies and labor unions to spend as freely as they like on election campaigns, and threatens separate prohibitions of those activities currently imposed by 24 states. "The censorship we now confront is vast in its reach," Justice Anthony Kennedy said in his majority opinion. Justice John Paul Stevens wrote the dissenting opinion, saying, "The court's ruling threatens to undermine the ...
Failed Presidential Bid Costs Hilllary Clinton at Least $13.2 Million
By David Knowles - Politics DailyWe all know that it gets more expensive to run for president with every new election. In addition, the longer you remain competitive in a race, the more money you'll end up spending. So, it should come as no surprise that Hillary Clinton ended up spending a whole lot of her own money in her quest to become the Democratic nominee. How much, exactly? From Bloomberg news:Hillary Clinton formally wrote off the $13.2 million she lent her presidential campaign, helping to smooth the way for her Senate confirmation as U.S. secretary of state. Forgiving the debt moves Clinton closer to formally ...
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