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Lobbyists Bankrolling Politics
Bush gets nearly four times as much as Kerry
By Alex Knott
WASHINGTON, May 6, 2004 — More than 1,300 registered
lobbyists have given slightly more than $1.8 million to President George W. Bush over the last six years,
according to a Center for Public Integrity study comparing the donations of all
registered lobbyists from 1998 through March 2004. Sen. John Kerry received $520,000 from 442
lobbyists during the same period.
Such numbers account for a
significant percentage of those who ply the influence game. In fact, the
lobbyists who donated to Bush have represented about 6,000 clients; those who
gave to Kerry, approximately 3,000 clients. Combined, these figures add up to
more than half of all the companies that hire lobbyists, according to the
Senate Office of Public Records. The SOPR says that there are currently 24,000
lobbyists registered to represent 15,000 clients.
The Center's study is the first of its kind to precisely track
donations to presidential candidates from all federally registered lobbyists.
Until now, campaign finance analysts used industry coding, a method that has
included thousands of dollars from individuals not registered to lobby, while
omitting donations from thousands of lobbyists hired outside of traditional
lobby shops. Continued at this
website: http://www.publicintegrity.org/bop2004/report.aspx?aid=273
Kerry's Fundraising Shows Large Corporate
Donations
Excerpt
of The
Buying of The President 2004
details Kerry's contribution record
John Kerry has made campaign finance reform an issue ever since he
first ran for the Senate in 1984. In fact, the Massachusetts Democrat has been
such an ardent and outspoken critic of political action committees that he has
refused to accept donations from such organizations during all four of his
senatorial campaigns.
But the man who has
repeatedly decried the influence of PACs on the nation's political system
nevertheless began his quest for the presidency by forming one. In December
2001, as a prelude to his presidential run, Kerry created a federal PAC and a
non-federal 527 Committee, both named the Citizen Soldier Fund. A number of
influential members of Congress, including most of the presidential candidates,
have such PACs, commonly known as "leadership committees."
Politicians use the leadership committees to win political support by
distributing money among various party organizations and candidates across the
country. They also use PAC resources to foot travel bills.
Kerry's PAC raised roughly $1 million through the end of 2002 and
disbursed nearly all of it. At the time it was formed, the Citizen Soldiers
Fund's non-federal account could theoretically have accepted any amount from a
donor. But Kerry, perhaps as a concession to the reform constituency of which
he was a part, said the fund would not take donations of more than $10,000 from
one individual or organization in any year. Just before the McCain-Feingold
legislation was to take effect consigning soft money—at least some types of
it—to history, the senator couldn't resist one last grab at the political money
that he voted to ban. By the end of October, the self-imposed cap was gone. Continued at
this page…. http://www.publicintegrity.org/bop2004/report.aspx?aid=189