Thursday, January 24, 2013

The Full Feed from HuffingtonPost.com: Business Lobbying In 2012 Soared, Buoyed By Fiscal Cliff Crisis

The Full Feed from HuffingtonPost.com
The Full Feed from HuffingtonPost.com
Business Lobbying In 2012 Soared, Buoyed By Fiscal Cliff Crisis
Jan 24th 2013, 05:17

WASHINGTON -- Lobbying expenditures for large pro-business lobbying groups soared in the last quarter of 2012, driven by election-year politics, the lame-duck congressional session's increased legislation, and the fiscal cliff showdown, according to newly released data analyzed by the Center for Public Integrity.

The nonpartisan research group found that approximately half of the 100 biggest-spending lobbying organizations shelled out more money to influence the federal government in the last three months of 2012 than in the previous three months. Among those same 100, about half increased overall spending on lobbying in 2012.

The data contradicts the longstanding pattern of companies and trade groups spending less money on lobbying during election years, when members of Congress are busy campaigning, than in off years, when more legislation typically gets passed.


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