New York Times:Lobbies Adopt Tone of Accord With President

Written by admin on July 22nd, 2009

The New York Times reports that lobbyists and the Obama Administration are finding a less confrontational tone in their discussions.

See the article here: (NYT registration required)

Excerpts from the article:

“We have sort of a dual goal,” Mr. (Steve) Bartlett said. “One is to support comprehensive reform, and the other is to kill the consumer financial protection commission.”

The conciliatory tone on K Street has combined with the recession to tamp down lobbying firms’ revenue. Total reported lobbying spending was about $789 million in the first quarter, roughly flat from the corresponding period last year.

Health industry spending rose about 10 percent, to some $126 million, but financial industry spending fell about 7 percent, to $110 million. And even in the face of a major overhaul of the Pentagon’s budget, spending by the defense industry dropped a bit, to roughly $30 million.

“The Best Government Money Can Buy?” is a non partisan documentary about lobbying and campaign financing.


Leave a Comment