PACs


Lobbyists Upset at Homebuilder's PAC

Last week, the National Association of Home Builders announced that it was suspending PAC contributions to members of Congress because of the failure to obtain a tax-break provision they desperately wanted. (I'm sure that they aren't too happy about the bashing they're taking over the mortgage meltdown.) This action isn't being treated with open arms by other lobbyists and industry shops. Why, you ask? Well, because the NAHB is explicitly stating that their PAC contributions are tied to votes by members of Congress. Straight from the horse's mouth: contributions buy votes. Listen to these lobbyists try to distance themselves from NAHB (via The Hill):

“It’s not going to make a damn bit of difference,” said one senior business lobbyist, who said that the $10,000 limits on contributions to candidates’ campaigns were too low for such a threat to have any bite.

A spokesman for the National Association of Realtors, Mary Trupo, said her group had no opinion about the NAHB’s move except that “it’s not a tactic that we would take.” She added, “We continue to support members who have been supportive of the housing sector.”

“I’m embarrassed by what the homebuilders did,” said one lobbyist, who characterized the NAHB’s move as “inappropriate behavior.”

Of course, acknowledging fact in Washington is often "inappropriate behavior".


A Lover Spurned

The National Association of Home Builders, acting like a spurned lover, has announced that it's suspending its PAC contributions to all members of Congress. The Home Builders are a big contributor to members and congressional candidates, and spends heavy on lobbying. This could get interesting.

What caused the trouble? The Hill reports that the association's lobbying efforts failed to get a particular tax break provision (a provision that would help companies with losses to trim prior year tax bills) included in the economic stimulus package. Calling the step "extraordinary," the Home Builders' president said they were disappointed in both Congress and the Bush Administration for "not adequately addressed the underlying economic issues that would help to stabilize the housing sector and keep the economy moving forward."

In other words, as far as the Home Builders are concerned, Congress will be sleeping on the couch "until further notice."

In Fundraising's Murky Corners

Written by insanely useful... on August 14, 2007 - 11:46am.
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Source Name

Washington Post

Snippit

Linda Chavez rose to prominence in the 1980s as a tart-tongued Reagan administration official and candidate for the Senate, eventually becoming a well-known Latina voice on social issues and President Bush's choice to lead the Labor Department. With her conservative celebrity came book deals, a syndicated column, regular appearances on the Fox News Channel -- and a striking but little-known success at political fundraising.

Reformers Want PACs ID’d

Written by Paul Blumenthal on March 15, 2007 - 11:09am.
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Source Name

Roll Call

Snippit

Last June, a political action committee called the Freedom, Security, Prosperity PAC formed and started collecting checks from Florida donors. The fund was not identified with any federal candidate, but there were some clues as to who might be behind it: The majority of donors were executives at Hooters, the suggestively named chain of restaurants known for its busty wait staff in short shorts and tight tops.

Permanent (Fundraising) Campaign Continues

fundariser flyer

Today's mail brought an envelope with a pair of fundraiser fliers, both of which were originally faxed out on November 9, 2006--a scant two days after the election (what, these slackers took Wednesday off?) to Washington lobbyists, association heads, and other special interest folks all over town. The one above, from Sen. Richard Burr, R-N.C., will be held at the offices of O'Connor and Hannan, a firm that represents the likes of Exxon Mobil, General Electric and Lockheed Martin, to name but a few. The flyer asks $500 for individual contributions, $1,000 from PACs to attend the event.