corporate PACs

Billionaire-Backed Democrats Killed the Build Back Better Act

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The dark money group No Labels is reportedly loading up on billionaire donors to support conservative Democrats in elections ahead.

From Sludge
On August 26, 2022
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House Democrats’ New Anti-Progressive PAC Is Funded by Corporate Lobbyists and PACs

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Over half of the funds raised by Team Blue PAC in the second half of last year came from corporate PACs.

From Sludge
On February 1, 2022
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Biden’s Million-Dollar Inaugural Donors Lobbied Against His Agenda

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The Business Roundtable increased its lobbying spending last year by 70% over the previous year as its members pushed for the infrastructure bill.

From Sludge
On January 25, 2022
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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
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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
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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
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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
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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
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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
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