Earlier this year, we took a look at the biggest political donors in 2014, whom we dubbed the 1% of the 1%. As we look through campaign spending now, it’s not surprising to see those same names pop up.
Continue readingMore top-heavy, more Republican: The One Percent of the One Percent over time
Two lessons from the 2014 election cycle: More money came from fewer people, and more of their money went to conservative causes.
Continue readingThe Political One Percent of the One Percent: Megadonors fuel rising cost of elections in 2014
In the 2014 elections, 31,976 donors — equal to roughly one percent of one percent of the total population of the United States — accounted for an astounding $1.18 billion in disclosed political contributions at the federal level.
Continue readingRobust Lobbying Disclosure Needed to Address Advantage of the 1% of the 1%
In the 2012 election 28 percent of all disclosed political contributions came from just 31,385 people. In a nation of 313.85 million, these donors represent the 1% of the 1%, an elite class that increasingly serves as the gatekeepers of public office in the United States.
During the 2012 election cycle, a tiny percentage of lobbyists gave a combined $34.1 million in campaign contributions, putting them in elite company with the political 1% of the 1%, individuals who have given at least $12,950 each toward identifiable federal election activities. And while lobbyists’ donations made up only a small portion of the overall contributions from the political 1% of the 1%, their contributions might net the most bang for the buck. Lobbyists more often gave directly to candidates rather than to outside groups; and it is to those candidates—when they are elected—that the lobbyists turn when they need help. Shining the brightest light on lobbying activities will expose to the public where the levels of influence are and who is pulling them. Sunlight has developed a set of eight principles that form the foundation of a comprehensive lobbying disclosure regime. Continue reading
What lobbyists in the 1 percent of the 1 percent want (Hint: a lot)
In the 2012 election 28 percent of all disclosed political contributions came from just 31,385 people. In a nation of 313.85 million, these donors represent the 1% of the 1%, an elite class that increasingly serves as the gatekeepers of public office in the United States.
Compared to other big campaign donors, lobbyists spread their money around. And because they seek access to lawmakers to push for their clients’ interests, they give more of their contributions directly to candidates as opposed to party committees and super PACs. That’s according to a new Sunlight Foundation report on the lobbyists in the “one percent of the one percent,” the rarefied group of about 31,385 well-heeled insiders that give at least $12,950 to political campaigns. So what do these lobbysits want to get done? In particular, what about ones giving the most? Of all the players in Washington’s influence business, here is a list of the 10 who gave more than anyone else in the 2012 election. Continue reading
Are the 1% of the 1% pulling politics in a conservative direction?
In the 2012 election 28 percent of all disclosed political contributions came from just 31,385 people. In a nation of 313.85 million, these donors represent the 1% of the 1%, an elite class that increasingly serves as the gatekeepers of public office in the United States.
The more conservative the Republican, the more dependent that Republican is likely to be on the nation's biggest individual donors, a new Sunlight Foundation analysis of campaign finance data finds. By "biggest individual donors," we are referring to a group we named “the 1% of the 1%” after the share of the U.S. population that they represent. These wealthy donors may be pulling Republicans to the political right, acting as a force for a more polarized Congress. The polarizing effect for Democrats, meanwhile, is unclear. If anything, more liberal Democrats depend a little less on 1% of the 1% donors than conservative Democrats. As we explored in our big-picture look at the 1% of the 1%, the biggest donors in American politics tend to give big sums of money because they want one party to win. Approximately 85 percent of the top individual donors in U.S. politics contributed at least 90 percent of their money to one party or the other. By contrast, less than four percent of these donors spread their money roughly equally between the two parties (a 60-40 split or less).
Figure 1.
The above figure treats all Democrats and Republicans as equivalent. In reality, both parties contain some moderates and some extremists. Some -- Ezra Klein, most prominently -- have argued that while small money exerts a polarizing tug on the parties, big money is consensus-oriented and centralizing. At the time, I responded that if big money was consensus-oriented, it was doing a terrible job of building consensus. I went further to hypothesize that big money might also be polarizing. Turns out I was more right than I knew then.
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Lobbyists in the 1% of the 1%
In the 2012 election 28 percent of all disclosed political contributions came from just 31,385 people. In a nation of 313.85 million, these donors represent the 1% of the 1%, an elite class that increasingly serves as the gatekeepers of public office in the United States.
One way that Washington lobbyists build and maintain relationships is through campaign contributions. So it’s no surprise to see 894 individuals employed at lobbying and public relations firms show up among the 31,385 biggest individual donors – a group we named “the 1% of the 1%” after the share of the U.S. population that they represent. Although not all of these individuals are registered as lobbyists, they all work in the lobbying industry. For shorthand, we simply call them “lobbyists” because their profession is influencing government (for more details on how we classified them, see our methodology section at the end of this post). Though these lobbyists make up only 2.8 percent of the 1% of the 1% and only 2.0 percent of the donations (they gave a combined $34.1 million), their importance in the Washington ecosystem makes them worth a closer look. In some ways lobbyists are similar to other 1% of the 1% donors. The median donation among lobbyists was $27,540, as compared to $26,584 for all of the 1% of the 1%. Lobbyists in the 1% of the 1% are 80.3 percent male, a little more than the 71.8 percent male for the entire 1% of the 1%. These 1% of the 1% lobbyists gave a combined $34.1 million in the 2012 election cycle. Continue reading
The 1% of the 1% by state
This table contains data on members of the 1% of the 1%, organized by state. For each column, the colors correspond to the size of the given indicator, with the darkest green referring to the ten states with the largest values, and the lightest green to the ten lowest. Click on a column name to re-sort the table by that column.
Continue readingContribution profiles for top House leaders
These House leaders all receive more money from the 1% of the 1% than they do from small donors (under $200). With the exception of John Boehner, the U.S. House leaders we profiled received roughly between 6 times and 16 times more money from the 1% of the 1% than they did from small donors.
Continue readingWhere the 1% of the 1% money goes
The figures below break the 1% of the 1% up by deciles, going more in depth for the top decile (the top 3,139 donors) and then in more depth again for the top 314 donors (the 1% of the 1% of the 1%). The major takeaway is that the biggest donors are the biggest donors because they give primarily to super PACs. Since individual aggregate contributions directly to candidates, parties and committees are legally capped at $117,000 (though some seem to ignore this), to be in the top 314 donors (minimum total of $304,000) requires at least some giving to super PACs, which allow for unlimited contributions.
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