Nearly Half of GOP Congressional PACs’ 2022 Funding Comes From 27 Billionaires

Over a decade after Citizens United and as the rich grow ever richer, billionaires are rapidly taking over Capitol Hill with political donations — and, as a new report shows, the Republican Party is a major beneficiary of this supposed generosity. This election cycle, nearly half of the funding (47 percent) raised by the two major Republican congressional super PACs came from just 27 billionaires, a new report from Americans for Tax Fairness revealed on Wednesday. That’s $89.4 million, straight from the pockets of over two dozen of America’s richest people. The vast majority of those billionaires — 86 percent…

Corporations and Trade Associations Gave Nearly $2M to Election Objectors in May

This May, as House lawmakers probed and exposed the Republican Party’s deep ties to the January 6 Capitol attack, corporations and industry groups were busy shelling out millions of dollars to Republicans who voted against certifying the 2020 election, a new report reveals. Fortune 500 companies and trade associations gave over $1.9 million to election objectors in just one month, Accountable.US found in a report released Thursday. Donations came from corporations like Boeing, Exxon, Anthem, Lockheed Martin, and a long list of other companies, many of which gave tens of thousands of dollars to the group of lawmakers. This brings…

Congress Members Call for Investigation Into Intuit Lobbying, TurboTax Scandals

Members of Congress are calling for an investigation of Intuit, the company that owns TurboTax, after it failed to adequately respond to questions from Sen. Elizabeth Warren (D-Mass.) in an April letter citing OpenSecrets’ reporting on the tax preparation company’s lobbying. Intuit has spent decades lobbying against free government-sponsored tax filing services, and the tax prep company’s lobbying efforts have ramped up significantly in recent years. Along with its subsidiary, Credit Karma, Intuit spent $840,000 during the first quarter of 2022 — more than any prior first quarter. Even without the $60,000 in spending by Credit Karma, Intuit’s $780,000 in…

Former Liberal Congressman Is Now a Top Lobbyist Defending a Tax Scam

This story was originally published by ProPublica. ProPublica is a Pulitzer Prize-winning investigative newsroom. Sign up for The Big Story newsletter to receive stories like this one in your inbox. For the past six years, government officials have tried ever harder to kill a type of tax avoidance scheme that the Internal Revenue Service has branded “abusive” and among “the worst of the worst tax scams.” The IRS has pursued tens of thousands of audits and warned of hefty penalties facing anyone who exploits it. The Justice Department has targeted top promoters of what it calls “fraudulent” deals with criminal…

Texas Reps Have Taken Over $14 Million From Gun Rights Groups

Texas representatives in the 117th Congress took more money from gun rights groups than lawmakers in any other state, a new OpenSecrets analysis found. Senators and House members representing Texas have received more than $14 million in contributions from gun rights interests over the course of their careers, with much of that coming from the National Rifle Association. Texas also ranks second among the 19 states tracked by OpenSecrets for state-level lobbying by gun rights groups with more than $3 million in spending from 2015 through 2021. During that period, the NRA spent more on state-level lobbying in Texas than…

Lockheed Martin Gave Over $250k to Politicians as They Discussed Ukraine Bills

As lawmakers in Congress debated billions of dollars’ worth of aid to Ukraine, including military aid, major defense contractor Lockheed Martin was spending hundreds of thousands of dollars on campaign donations, new disclosures show. As reported by Insider, Lockheed Martin’s PAC spent $256,000 in April on donations to members of Congress, a gubernatorial campaign and PACs of both major parties. The company made 147 donations in total to the campaigns of federal lawmakers, including donations to five members of the Senate Armed Services Committee and 27 members of the House Armed Services Committee, both of which oversee military and defense…

Sanders Introduces Medicare for All as Solution to “Dysfunctional” Health System

For the first time since 2019, Sen. Bernie Sanders (I-Vermont) reintroduced his proposal to establish Medicare for All in the U.S., the only wealthy country in the world without universal health care. Sanders introduced the legislation with 14 cosponsors on Thursday “to guarantee health care in the United States as a fundamental human right to all,” according to his press release. The Medicare for All Act of 2022 would establish a universal health care system over the next four years, gradually broadening the existing Medicare system until all medical benefit areas and all members of the public are covered. Under…

First Quarter of 2022 Sees Record $1 Billion Spent on Lobbying

This year is on track for record lobbying spending after lobbyists collectively clocked the biggest first quarter haul in history — with more than $1 billion disclosed during the first quarter of 2022 alone. At this point in 2021, 10,503 lobbyists had brought in less than $929 million across all industries. The federal budget was the most lobbied issue from January through March, with 3,394 clients paying for lobbying on the issue. Health issues were also heavily lobbied, with 2,068 clients. Lobbying related to health continues to dominate spending as recovery from the coronavirus pandemic continues. The health sector accounted…

Greene Bought Oil, Defense Stocks While Complaining About War Profiteers

New financial filings reveal that far right Rep. Marjorie Taylor Greene (R-Georgia) bought up to $15,000 in stock in defense manufacturers and energy companies two days before Russian forces invaded Ukraine. On February 22, Greene bought stocks in defense industry giant Lockheed Martin and military supplier Caterpillar. She also bought between $1,000 and $15,000 worth of stock in Chevron and NextEra Energy, a utility and energy company. All of these companies’ stocks have grown in the weeks since Vladimir Putin launched his invasion of Ukraine, with Lockheed Martin up by about 20 percent since then. The purchases came the day…

Companies Who Stopped Donations After January 6 Used Lobbyists to Give Instead

After 147 Republican lawmakers voted to overturn the results of the 2020 presidential election, major corporations like Amazon and Google pledged to stop donating to election objectors or stop political giving altogether. New reporting from Politico finds that many of these companies technically kept their promises – because they dispatched their lobbyists to make donations for them instead. Lobbyists for Amazon, Microsoft, Google, Meta (formerly known as Facebook), Allstate, Toyota, Nike, Dow Chemical Company, and more publicly announced that they would stop donating to election objectors or that they would review their donation policies after some Republican lawmakers voted not…

Medicare for All Bill Introduced by Pramila Jayapal Gets Record 120 Cosponsors

A bill that would establish Medicare for All in the U.S. has reached 120 sponsors, Congressional Progressive Caucus chair Rep. Pramila Jayapal (D-Washington) announced on Sunday. “We’ve officially got a record 120 co-sponsors on my Medicare for All Act!” said Jayapal, who introduced the legislation. “Thrilled to welcome Rep. Sheila Cherfilus-McCormick (D-Florida) to our fight to ensure health care as a human right!” Signing on to the bill as a cosponsor is one of Cherfilus-McCormick’s first acts since being sworn in as a member of Congress in mid-January. Last week, Representatives Donald Norcross (D-New Jersey) and Shontel Brown (D-Ohio) also…

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