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Lobbying Tab Is $1.1 Billion for Half a Year

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Q Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-29-04 12:28 PM
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Lobbying Tab Is $1.1 Billion for Half a Year
Published on Wednesday, December 29, 2004 by the Los Angeles Times

Lobbying Tab Is $1.1 Billion for Half a Year
Special interest groups report expenditures for the first half of 2004. Chamber of Commerce and AMA top the list, with $39 million.

by Peter Wallsten

WASHINGTON — As President Bush campaigned for reelection pledging to protect doctors and insurance companies from patient lawsuits while easing the tax burden on businesses, industry groups spent record amounts of money lobbying to influence the White House, Congress and their constituents.

"Cash flow to lobbying firms on Washington's K Street is accelerating — up from an average of $128 million a month during the first half of 2000, the last year of the Clinton administration, to the 2004 monthly average of $176 million."

Special interests spent $1.1 billion during the first half of 2004 on lobbyists and advertising campaigns, according to public records that interest groups are required to file with the Senate. Topping the list of spenders were the U.S. Chamber of Commerce and the American Medical Assn., which spent a combined $39 million during the six-month period to appeal for medical liability limits, according to politicalmoneyline.com. The independent group tracks spending on political campaigns and lobbying.

Reports tallying lobbyist expenditures for the rest of the year are due in February — and industry insiders expect the yearly total to exceed last year's record of roughly $2 billion. "A lot of business groups have been waiting for years, if not decades, for all the political stars to be aligned so they could get legislation passed on issues like medical malpractice," said Stephen Moore, who heads the Club for Growth, a leading business advocacy group.

"The overall issue of lawsuit abuses and bringing a stop to them will mean that the lobbying frenzy will be even more intense in 2005," Moore added. So far in 2004, businesses and interest groups are paying their lobbyists at a record pace. This was the first year in which spending during the first six months topped $1 billion; businesses and interest groups spent about $963 million during the same period in 2003. And the new figures demonstrate how the cash flow to lobbying firms on Washington's K Street is accelerating — up from an average of $128 million a month during the first half of 2000, the last year of the Clinton administration, to the 2004 monthly average of $176 million.

Continues:

http://www.commondreams.org/headlines04/1229-02.htm
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