Subscribe to Dollars & Sense magazine. Recent articles related to the financial crisis. Big Three Spent $30 Million on Lobbying in '08From Bob Feldman:If you check out the Center for Responsive Politics, you'll notice that General Motors, Ford, and DaimlerChrysler have already spent $20 million in 2008 on lobbying Congress, the White House and federal government agencies to serve their special transnational corporate interests. GM, for example, spent over $10 million on lobbying the federal government in 2008, while Ford and DaimlerChrysler each spent over $5 million on lobbying federal agencies, the U.S. Congress and the White House in 2008. In addition, during the 2008 election cycle, U.S. automobile industry political action committees (PACs) and U.S. automobile industry executives made over $14.6 million in campaign contributions to Democratic or Republican candidates for federal office. To see a list of all the Members of Congress who accepted campaign contributions from the U.S. automobile industry in 2008, click here. --bf Labels: auto industry, bailout, Bob Feldman, Center for Responsive Politics, Chrysler, financial crisis, ford, General Motors |