CNN: Record $3.5 billion spent on lobbying in 2009

Written by admin on February 18th, 2010

NEW YORK (CNNMoney.com) — Lobbying appears to be recession-proof, according to a report out by the Center for Responsive Politics today.

http://money.cnn.com/2010/02/12/news/economy/lobbying/

The pharmaceutical and health industry dominated lobbyist spending in D.C. at an estimated $266.8 million — the greatest amount ever spent by a single industry in one year, according to OpenSecrets. Other big spenders included business associations ($183 million), oil and gas ($168.4 million) and insurance ($164.2 million).

Each of those sectors spent more in 2009 than in 2008.

The biggest lobbying powerhouse was the U.S. Chamber of Commerce. The association, which represents more than 3 million businesses in various industries, has held the top-spender spot for nine consecutive years. In 2009, the Chamber shelled out about $145 million — the largest sum spent by a single interest group in one year. That figure marks a 6% increase from last year’s lobbying expenses.

 

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