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President Trump Draining the Swamp, as Lobbyist Spending Plunges 41%
Posted on 7/26/17 at 1:27 am
Posted on 7/26/17 at 1:27 am
"Spending by federally registered political lobbyists has collapsed by 41 percent, to its lowest level in a decade — the latest sign that President Donald Trump’s promise to “drain the swamp” seems to be working.
The non-partisan OpenSecrets.org blog reported that spending by lobbyists through the May 16 disclosure period is plummeting from $3,148,541,860 in 2016 to just $1,865,987 in 2017. The $1.3 billion spending collapse is already sucking the life out of the industry, with the number of registered lobbyists plunging by 14 percent through May.
Mark Twain famously wrote: “We have the best government that money can buy.” That seemed to be the case in the Obama presidency, as registered lobbyists set an all-time spending record for any president of $26.7 billion, averaging over $3.3 billion a year.
The U.S. Chamber of Commerce, which has led the lobbying charge for globalization, was the top spender in 2016, and is again the top spender so far in 2017. But its investment in the “best government” is on track to implode by 48 percent, from $103,950,000 in 2016 to $54,032,767 in 2017."
#NotTiredofWinning!
The non-partisan OpenSecrets.org blog reported that spending by lobbyists through the May 16 disclosure period is plummeting from $3,148,541,860 in 2016 to just $1,865,987 in 2017. The $1.3 billion spending collapse is already sucking the life out of the industry, with the number of registered lobbyists plunging by 14 percent through May.
Mark Twain famously wrote: “We have the best government that money can buy.” That seemed to be the case in the Obama presidency, as registered lobbyists set an all-time spending record for any president of $26.7 billion, averaging over $3.3 billion a year.
The U.S. Chamber of Commerce, which has led the lobbying charge for globalization, was the top spender in 2016, and is again the top spender so far in 2017. But its investment in the “best government” is on track to implode by 48 percent, from $103,950,000 in 2016 to $54,032,767 in 2017."
#NotTiredofWinning!
Posted on 7/26/17 at 1:32 am to Volkosoby
This is the shite we voted for.
Keep this up
Keep this up
Posted on 7/26/17 at 1:39 am to Volkosoby
Not surprising. CEOs got a direct line to the President now. Oh. Breitbart.
Does it talk about this?
Google (GOOGL, Tech30), Apple (AAPL, Tech30), Amazon and Uber all spent record amounts lobbying federal officials during the three months that ended in June, according to new lobbying disclosures.
Does it talk about this?
Google (GOOGL, Tech30), Apple (AAPL, Tech30), Amazon and Uber all spent record amounts lobbying federal officials during the three months that ended in June, according to new lobbying disclosures.
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