{"id":100385,"date":"2013-12-21T11:05:19","date_gmt":"2013-12-21T11:05:19","guid":{"rendered":"http:\/\/rinf.com\/alt-news\/breaking-news\/who-owns-your-congressman\/"},"modified":"2013-12-21T15:27:15","modified_gmt":"2013-12-21T15:27:15","slug":"who-owns-your-congressman","status":"publish","type":"post","link":"http:\/\/rinf.com\/alt-news\/breaking-news\/who-owns-your-congressman\/","title":{"rendered":"Who Owns Your Congressman?"},"content":{"rendered":"<p><!-- START CONTENT --><\/p>\n<p><a href=\"http:\/\/www.masters-in-accounting.org\/congressman\/\" target=\"_blank\"><img decoding=\"async\" alt=\"Who Owns Your Congressman?\" src=\"http:\/\/www.masters-in-accounting.org\/wp-content\/uploads\/2013\/12\/CongressInfluence.jpg\" width=\"750\" border=\"0\" \/><\/a><\/p>\n<p>Politics is big business, with millions spent each year trying to sway the electoral process. Which industries, businesses and outside interests have donated the most to which candidates?<\/p>\n<p>How Much Money Are We Talking About?<\/p>\n<p>In short, lots. Here\u2019s a look at what candidates in 2013-2014 have raised for this election cycle:<br \/>\n<strong>House<\/strong><br \/>\nTotal $289,091,174*<br \/>\nDemocrats $125,189,570<br \/>\nRepublicans $163,856,570<\/p>\n<p><strong>Senate<\/strong><br \/>\nTotal $152,410,147*<br \/>\nDemocrats $81,976,934<br \/>\nRepublicans $70,387,430<br \/>\n* Independents not included in party breakdowns<br \/>\nTheir combined fundraising is $441,501,321. That\u2019s enough to \u2026<br \/>\n\u2026 pay the average heating bills of every resident of the District of Columbia<br \/>\n\u2026 pay the average co-pays for 22 million doctor visits<br \/>\n\u2026 pay the average grocery bill for 400,000 four-person families<\/p>\n<h2>Following the Money<\/h2>\n<p>Where does all this cash come from? Here\u2019s a look at which industries have given the most to which parties:<br \/>\nIndustry Amount D R<br \/>\nRetired $38,883,345 47% 46%<br \/>\nSecurities &amp; investment $32,988,928 31% 55%<br \/>\nLawyers&amp; law firms $24,522,332 68% 28%<br \/>\nReal estate $18,005,439 41% 53%<br \/>\nHealth professionals $16,335,505 39% 55%<br \/>\nCandidate committees $16,214,155 45% 55%<br \/>\nInsurance $11,989,733 38% 62%<br \/>\nLeadership PACs $11,491,828 43% 57%<br \/>\nOil &amp; gas $9,895,507 12% 86%<br \/>\nBusiness services $8,482,996 48% 44%<br \/>\nTV\/movies\/music $8,374,264 63% 34%<br \/>\nLobbyists $8,016,021 49% 50%<br \/>\nPharmaceutical\/health $7,875,015 40% 60%<br \/>\nPublic sector unions $7,647,169 52% 5%<br \/>\nManufacturing\/distribution $7,298,056 30% 68%<br \/>\nBuilding trade unions $6,976,125 57% 11%<br \/>\nCommercial banks $6,887,181 30% 70%<br \/>\nComputers\/Internet $6,821,386 53% 36%<br \/>\nElectric utilities $6,631,879 36% 64%<\/p>\n<p>Here\u2019s a look at the 20 businesses and organizations that contributed the most for lobbying efforts in 2013:<br \/>\nBusiness\/organization Lobbying total<br \/>\nU.S. Chamber of Commerce $51,955,000<br \/>\nNational Assn. of Realtors $25,943,435<br \/>\nBlue Cross\/Blue Shield $17,076,780<br \/>\nAmerican Hospital Assn. $14,106,478<br \/>\nComcast Corp. $13,950,000<br \/>\nGeneral Electric $13,840,000<br \/>\nPharmaceutical Rsrch &amp; Mfrs of America $13,802,500<br \/>\nAmerican Medical Assn. $13,775,000<br \/>\nNational Cable &amp; Telecommunications Assn. $13,270,000<br \/>\nNorthrop Grumman $13,200,000<br \/>\nAT&amp;T Inc. $12,300,000<br \/>\nBoeing Co. $11,460,000<br \/>\nGoogle Inc. $11,460,000<br \/>\nLockheed Martin $11,117,466<br \/>\nNational Assn. of Broadcasters $10,650,000<br \/>\nExxon Mobil $10,630,000<br \/>\nVerizon Communications $10,143,000<br \/>\nUnited Technologies $9,980,373<br \/>\nAmerican Chemistry Council $9,490,000<br \/>\nGrocery Manufacturers Assn. $9,350,000<\/p>\n<h2>Where It Goes<\/h2>\n<p>Here\u2019s a look at some of the Congressional candidates who\u2019ve raised the most money:<\/p>\n<p><strong>House<\/strong><br \/>\n<strong>John Boehner, R-Ohio<\/strong><br \/>\nTotal: $9,074,336<\/p>\n<p><em>Top contributing industries (donations to campaign committee, 2013-2014)<\/em><br \/>\nIndustry Total Individuals PACs<br \/>\nRetired $496,367 $496,367 $0<br \/>\nSecurities &amp; investment $441,355 $381,355 $60,000<br \/>\nOil &amp; gas $249,189 $164,189 $85,000<br \/>\nReal estate $200,600 $188,600 $12,000<br \/>\nElectric utilities $164,000 $75,500 $88,500<\/p>\n<p><strong>Frank Pallone, D-N.J.<\/strong><br \/>\nTotal: $3,831,722<br \/>\n<em>Top contributing industries (donations to campaign committee, 2013-2014)<\/em><br \/>\nIndustry Total Individuals PACs<br \/>\nHealth professionals $249,550 $35,050 $214,500<br \/>\nPharmaceuticals &amp; health products $84,000 $6,500 $77,500<br \/>\nLawyers &amp; law firms $66,750 $45,250 $21,500<br \/>\nLobbyists $42,550 $40,550 $2,000<br \/>\nTV\/movies\/music $40,800 $15,450 $25,350<\/p>\n<p><strong>Senate<\/strong><br \/>\n<strong>Cory Booker, D-N.J.<\/strong><br \/>\nTotal: $12,867,688<\/p>\n<p><em>Top contributing industries (donations to campaign committee, 2009-2014)<\/em><br \/>\nIndustry Total Individuals PACs<br \/>\nSecurities &amp; investment $1,197,642 $1,197,642 $0<br \/>\nLawyers &amp; law firms $1,027,702 $976,207 $51,495<br \/>\nReal estate $476,450 $471,450 $5,000<br \/>\nTV\/movies\/music $366,780 $359,180 $7,600<br \/>\nMiscellaneous finance $260,250 $260,250 $0<\/p>\n<p><strong>Mitch McConnell, R-Ky.<\/strong><br \/>\nTotal: $17,246,609<\/p>\n<p><em>Top contributing industries (donations to campaign committee, 2009-2014)<\/em><br \/>\nIndustry Total Individuals PACs<br \/>\nSecurities &amp; investment $1,129,038 $883,538 $245,500<br \/>\nInsurance $760,525 $311,025 $449,500<br \/>\nHealth professionals $649,025 $413,525 $235,500<br \/>\nRetired $644,157 $644,157 $0<br \/>\nOil &amp; gas $621,258 $367,259 $253,999<\/p>\n<h2>Worth the Money?<\/h2>\n<p>With more than $400 million spent in this election cycle on Congressional races, is this a wise investment? Maybe not, when you consider the lack of action lately in Congress.<br \/>\n<em>Substantive public laws passed<\/em><br \/>\n2013 44<br \/>\n2007 120<br \/>\nAverage 1999-2012 70<\/p>\n<p>&nbsp;<\/p>\n<p>With permission<br \/>\nSource:\u00a0<a title=\"Masters-in-Accounting.org\" href=\"http:\/\/www.masters-in-accounting.org\/\" target=\"_blank\">Masters-in-Accounting.org<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Politics is big business, with millions spent each year trying to sway the electoral process. Which industries, businesses and outside interests have donated the most to which candidates? How Much Money Are We Talking About? In short, lots. Here\u2019s a look at what candidates in 2013-2014 have raised for this election cycle: House Total $289,091,174* [&hellip;]<\/p>\n","protected":false},"author":1213,"featured_media":100386,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[487],"tags":[],"class_list":{"0":"post-100385","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-breaking-news"},"_links":{"self":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/100385","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/users\/1213"}],"replies":[{"embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/comments?post=100385"}],"version-history":[{"count":0,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/100385\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/media\/100386"}],"wp:attachment":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/media?parent=100385"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/categories?post=100385"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/tags?post=100385"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}