From the Open Secrets blog Capital Eye, the Federal Election Commission put out a release showing a 1.3% increase in... View ArticleContinue reading
New campaign finance data — covering both the Congressional and Presidential races — is now available from the Center for... View ArticleContinue reading
Last week, the National Association of Home Builders announced that it was suspending PAC contributions to members of Congress because of the failure to obtain a tax-break provision they desperately wanted. (I'm sure that they aren't too happy about the bashing they're taking over the mortgage meltdown.) This action isn't being treated with open arms by other lobbyists and industry shops. Why, you ask? Well, because the NAHB is explicitly stating that their PAC contributions are tied to votes by members of Congress. Straight from the horse's mouth: contributions buy votes. Listen to these lobbyists try to distance themselves from NAHB (via The Hill):
“It’s not going to make a damn bit of difference,” said one senior business lobbyist, who said that the $10,000 limits on contributions to candidates’ campaigns were too low for such a threat to have any bite.
A spokesman for the National Association of Realtors, Mary Trupo, said her group had no opinion about the NAHB’s move except that “it’s not a tactic that we would take.” She added, “We continue to support members who have been supportive of the housing sector.”“I’m embarrassed by what the homebuilders did,” said one lobbyist, who characterized the NAHB’s move as “inappropriate behavior.”
Of course, acknowledging fact in Washington is often "inappropriate behavior".Continue reading
The National Association of Home Builders, acting like a spurned lover, has announced that it's suspending its PAC contributions to all members of Congress. The Home Builders are a big contributor to members and congressional candidates, and spends heavy on lobbying. This could get interesting.
What caused the trouble? The Hill reports that the association's lobbying efforts failed to get a particular tax break provision (a provision that would help companies with losses to trim prior year tax bills) included in the economic stimulus package. Calling the step "extraordinary," the Home Builders' president said they were disappointed in both Congress and the Bush Administration for "not adequately addressed the underlying economic issues that would help to stabilize the housing sector and keep the economy moving forward."
In other words, as far as the Home Builders are concerned, Congress will be sleeping on the couch "until further notice."Continue reading
I kind of like digging into these -- some people do crossword puzzles, I like figuring out which member goes with which leadership PAC. BillPAC, on page three of its March 13, 2006 amended Statement of Organization, provides the following address for its treasurer, Jeff Reeder: 10970 McFarland Rd., Mercersburg, PA 17236. I ran the address through the U.S. Postal Service's 9-digit zip generator -- 17236-9642 -- and plugged that into Project Vote Smart's 9 digit zip search. The address is in Rep. Bill Shuster's district.
Again, none of this constitutes definitive proof -- but when I call Mr. Reeder ...Continue reading
Today's mail brought an envelope with a pair of fundraiser fliers, both of which were originally faxed out on November 9, 2006--a scant two days after the election (what, these slackers took Wednesday off?) to Washington lobbyists, association heads, and other special interest folks all over town. The one above, from Sen. Richard Burr, R-N.C., will be held at the offices of O'Connor and Hannan, a firm that represents the likes of Exxon Mobil, General Electric and Lockheed Martin, to name but a few. The flyer asks $500 for individual contributions, $1,000 from PACs to attend the event.Continue reading