Tuesday, April 23, 2013

Sequester pushes up spending on lobbbying

I've reading through report on the sequester, when this came along from Roll Call:

Some companies, associations and issue groups have filed their lobbying reports early and many have shown increases in spending. First-quarter issues of sequester allocations, passage of the fiscal 2013 authorization for the rest of the year, and the president’s budget submission for fiscal 2014 may have pushed lobbying budgets higher.
Here are a few examples of increased spending:

American Medical Association $4,910,000 — up from $3,400,000
United Technologies $4,630,000 — up from $3,889,000
Lockheed Martin Corporation $3,710,000 — up from $3,600,000
It's a lot of money, but its safe to assume they receive more than they spend.