State Politics And Election Corporate Spending Can Affect Everything From Your Wallet To Your Health
Political spending by corporations is big business. As one corporate executive with experience in business-government relations says, “A company that is dependent on government that does not donate to politicians is engaging in corporate malpractice.”
Our research group heard that statement during a series of interviews with industry insiders that we conducted for a study on corporate political strategy and involvement in U.S. state politics.
In the 2020 election cycle, private interests spent US$486 million on campaign contributions to U.S. federal election candidates and over $7 billion to lobby Congress and federal agencies.
The 2022 cycle could be a record period if recent trends are any indication. At the federal level, nine of the 10 most expensive Senate races to date happened du...
