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Top government contractors spend less than a penny on politics for every dollar at stake in sequester
With the sequestration deadline rapidly approaching, one set of companies has more at stake than any other, at least in terms of sheer dollars: big government contractors. By our count, the ten biggest government contractors would stand to lose roughly $13.6 billion in contracts if the across-the-board 9.4 percent cuts to discretionary defense spending cuts were applied equally across their 2012 contract award amounts. Compare that to the $115 million they spent on lobbying and campaigns, and that investment in politics starts to look like a bargain. And if that political investment helps to avoid the proposed cuts and keep these companies' contracting revenues stable, that would amount to a 125-to-1 return for these 10 companies, on average.