Your weekly money in politics newsletter. Donate Today [[link removed]]
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February 2, 2023
Federal Election Commission hikes contribution limits ahead of 2024 election cycle
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New FEC contribution limits let individual donors give $3,300 per federal candidate each election, and even more to national party committees.
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Despite record federal lobbying spending, the pharmaceutical and health product industry lost their biggest legislative bet in 2022
Pharmaceutical and health product companies poured over $372 million into federal lobbying last year, outspending every other industry.
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Analysis Shows Amplification of Small Donors Under New NY State Public Financing Program
A new analysis jointly produced by OpenSecrets and the Brennan Center shows the potential for New York state’s public financing program to increase the portion of political contributions in the state that come from small donors.
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Rep. George Santos’ campaign paid for legal services, Italian food amid scandal
Rep. George Santos’ campaign reported a new treasurer plus payments for legal services and outstanding debts at an Italian restaurant in Queens in its year-end report to the FEC.
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Google continued to ramp up federal lobbying spending before DOJ filed second antitrust lawsuit
Google’s parent company ramped up annual federal lobbying expenditures by nearly 50% since 2020, spending more than $13 million in 2022.
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Business interests spent $3.5 billion on federal political contributions during the 2022 cycle
Business interests outspent organized labor 14-to-1 during the 2022 election cycle, including $341.3 million in federal political contributions from business PACs.
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OpenSecrets in the News
See our media citations from outlets around the nation this week:
The ‘Arms Race’ of Campaign Spending (National Press Foundation) [[link removed]]
As campaign finance spending skyrockets, “Americans across the ideological spectrum don't want a government for sale,” says OpenSecrets’ Sheila Krumholz.
What's Next for New York's New State Campaign Finance System? (Gotham Gazette) [[link removed]]
On Monday, Brennan Center and the national government transparency group OpenSecrets published a study applying the parameters of the new system to the most recent 2022 elections. The study estimated the public match would have increased the share of small donations (less than $250) in state legislative races from 11% to 67% of all donations.
Amazon, Apple, Microsoft set records with their spending on Washington lobbying (MarketWatch) [[link removed]]
Amazon and three subsidiaries shelled out a total of $21.38 million in 2022, above a prior record outlay of $19.32 million in 2021, according to an analysis of disclosures by OpenSecrets.
POLITICO [[link removed]]
Bloomberg [[link removed]]
Inside Climate News [[link removed]]
The Guardian [[link removed]]
Times-Union [[link removed]]
Florida Politics [[link removed]]
The American Independent [[link removed]]
The Los Angeles Times [[link removed]]
Tulsa World [[link removed]]
WisPolitics [[link removed]]
Los Angeles Blade [[link removed]]
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