Welcome And A Good ------ ------ There Are Enjoying Hardcore News! ------ Thank You For Visiting The Hardcore News Web Site! ------ The Most Comprehensive Global News On The Internet! ------ Your , Area's Most Updated News In The , AND THE WORLD! ------ PLEASE NOTE: Hardcore News Is Best If Used With Firefox Or Google Chrome Gecko Type Browser: ------ Hardcore News Web Site Is Best Using A Screen Setting Of 1024 X 768 Or Higher... ------ Your Current IP Address Is From Internet Provider ... This is All We Know About You, Ever Wonder What Kind Of Information Other Web Sites Could Get From Your Computer?... PLEASE BE CAREFUL Who You Share Information With Online! ------ By submitting personal information to any U.S. website, you are consenting that your information is being maintained and or being used here in the United States, is subjected to applicable U.S. laws. Thus... U.S. law may be different than the laws of your home country. ------ Hardcore News IS SAFE! We Never Track Your Moves Or Sell Your Information. ------ The Only Bull-Sh-t On This Site Is The Propaganda! ------ Stay Informed With The Hardcore News ------ All News is AUTO-UPDATED - AUTO-GENERATED Via Keyword Search Terms And Use Of RSS Based News Feeds And Tabbed Headlines On One Page ------ News From Over 40 Reliable News Sources, Even The News Your Not Supposed To Know! ------ PROVIDING UP TO THE MINUTE NEWS With LIVE Video Feeds FROM AROUND THE WORLD! ------ OUR NEWS IS ALWAYS FRESH DIRECTLY FROM THE SOURCE! ------ Again Thank You For Visiting The Hardcore News ------ If You Like This Project And Would Like To See & Help It Grow, Please Consider Donating What Ever You Can By Secure PayPal CLICK HERE ------ Please make a gift to Hardcore News today. Your continued support will ensure that Hardcore News is here reporting THE TRUTH, for a long time to come. It's fast, easy and secure. And Thank You, ------ Only YOU Can Make This Project Worth While! ------ Again Thank You For Visiting The Hardcore News ------
Hardcore Main Stream
Top Stories

Mid East Watch


Tech News


Sports News

Tuesday, July 12, 2011

Dems rake in corporate donations...

Lobbyists give to lawmakers through honorary fees

Federal law limits how much corporate political action committees (PACs) can give to members of Congress, but high-powered K Street lobbysts have found a loophole that enables them to give an estimated $50 million to senators and representatives.
The gifts are in the form of dinners honoring the congressmen, according to the Sunlight Foundation, which released a report today describing how lobbysts are using the loophole to direct millions of dollars to influential members of Congress. Executive branch officials, including the president, can also be honored by such events.
But it's not just honoring dinners that are used by lobbyists to circumvent campaign contribution limits, according to Sunlight:
They also cover underwriting a conference or retreat held by officials, donating to a lawmaker’s charity and even giving to a nonprofit where a lawmaker sits on the board of directors. These situations, and some others, all fall under what the rule-makers—the Senate secretary and House clerk—call honorary and meeting expenses.
The biggest spenders were Chevron and Wal-Mart, which donated $2.9 million and $2.2 million respectively. And the biggest recipients were the Congressional Black Caucus with over $6 million, the Congressional Hispanic Caucus with over $4 million and President Barack Obama with over $1 million.
Nine of the top 10 recipients were Democrats, or in the case of the two ethnic caucus groups, heavily oriented to the Democratic Party. The lone top 10 recipient not associated with Democrats is Gen. David Petraus, recently appointed by President Obama as director of the CIA.
"Of the over $50 million in these reports, firms employing lobbyists spent $36.3 million honoring members of Congress and $11 million honoring executive branch officials in 2009 and 2010 In addition, nearly $645,000 went to legislative branch employees—mostly congressional staffers—the reports showed," Sunlight said in a news release describing the study.
You can read more about the Sunlight report here.

Hardcore News Is Brought To You By...

Facebook Social & Comments

Hardcore Links