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Fixed Fortunes: Biggest Corporate Political Interests Spend Billions, Get Trillions

The Sunlight Foundation has mined the data and crunched the numbers. Yup. Big corporations are making incredible returns on their investment in politics.

Fixed Fortunes: Biggest Corporate Political Interests Spend Billions, Get Trillions

After examining 14 million records, including data on campaign contributions, lobbying expenditures, federal budget allocations and spending, we found that, on average, for every dollar spent on influencing politics, the nation’s most politically active corporations received $760 from the government. The $4.4 trillion total represents two-thirds of the $6.5 trillion that individual taxpayers paid into the federal treasury. Welcome to the world of ‘Fixed Fortunes,’ a seemingly closed universe where the most persistent and savvy political players not so mysteriously have the ability to attract federal dollars regardless of who is running Washington.

Sunlight Foundation

 

About the author

JoAnn Chateau

JoAnn Chateau likes progressive politics and loves the canines. She sometimes writes fiction about Chester (the Alpha Bichon) and his friends -- with a dash of humor and dab of Poli-Sci. JoAnn's views and insights are tinted by her past profession in Counseling, Christian theological studies, and Library and Information Science training. Retired now, JoAnn enjoys the creative life.

1 Comment

  • Reblogged this on Wobbly Warrior's Blog and commented:
    Unfortunately, in addition to subsidies, government contracts, etc., those billions also bought immunity from prosecution for unsafe/deadly working conditions, the ability to pollute at will, unreasonable rights to profit privately from publicly owned resources, inroads to cornering markets through mega-mergers, free reign to charge usurious interest rates, and much, much more. Our politicians didn’t sell themselves. They sold us.

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