corporate PACs

Deficit Fears Have Deep History in Corporate-Funded Democratic Party Groups

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As corporate-backed Democrats threaten to block the party's reconciliation bill, their talking points draw on support from deficit scold allies among party leaders and well-funded ideological groups.

From Sludge
On September 28, 2021

Pharma Companies Spend Billions More on Stock Buybacks Than Developing Drugs, House Report Finds

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The largest drugmakers spent $56 billion more on stock buybacks and dividends than on research and development from 2016 to 2020, according to a new House committee report.

From Sludge
On July 13, 2021

Big Tech-Funded Groups Lobby Against Antitrust Bills

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Last week, a House committee approved a sweeping package of antitrust bills, one overcoming opposition from Democrats hailing from tech industry-heavy California.

From Sludge
On June 29, 2021

After Assessing the Insurrection, Toyota’s PAC Donates to Election Objectors

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The automaker took just three weeks to assess the Jan. 6 riots before restarting PAC donations to Republican election objectors.

From Sludge
On April 13, 2021

Former PAC Rejector Elaine Luria Is Now Taking Checks From Raytheon and Rolls-Royce

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Luria was recently elected vice chair of the House Armed Services Committee after taking contributions from the PACs of several defense contractors to pay off her campaign's debt.

From Sludge
On February 9, 2021

Companies Are Pausing Their PACs, But Their Trade Groups Aren’t

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Dozens of companies paused their PAC donations to Republican election objectors, but a loophole might continue sending them funds through corporate trade associations.

From Sludge
On January 22, 2021