TRHE LOBBY OCCUPIED KONGRESS
BUSH II BOOM TIME
FOR KAPITAL HILL KO -OPTERS
KONTINUES .....
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WASHINGTON POST JUNE 2005 :
"To the great growth industries of America
such as health care and home building
add one more: influence peddling.
The number of registered lobbyists
in Washington has more than doubled
since 2000 to more than 34,750
while the amount
that lobbyists charge their new clients
has increased by as much as 100 percent
The lobbying boom
has been caused by three factors:
rapid growth in government
Republican control
of both the White House and Congress
and
wide acceptance among corporations
that they need to hire
professional lobbyists
to secure their share
of federal benefits.
Lobbying firms
can't hire people fast enough
Starting salaries
have risen to about $300,000 a year
for the best-connected aides
eager to "move downtown"
from Capitol Hill
or the Bush administration
Once considered
a distasteful post-government vocation
big-bucks lobbying
is luring nearly half
of all lawmakers
who return to the private sector
when they leave Congress
according to a forthcoming study
by Public Citizen's Congress Watch
with pro-business officials
running the executive
and legislative branches
companies are also hiring
well-placed lobbyists
to go on the offensive
and find ways to profit
from the many tax breaks
loosened regulations
and other government goodies
that increasingly are available.
Washington has become a profit center"
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" Hewlett-Packard Co.
The California computer maker
nearly doubled its budget
for contract lobbyists
to $734,000 last year
and added
the elite lobbying firm
of Quinn Gillespie & Associates LLC.
Its goal
pass Republican-backed legislation
that would allow the company
to bring back to the United States
at a dramatically lowered tax rate
as much as $14.5 billion in profit
from foreign subsidiaries
The extra lobbying paid off
The legislation was approved
and Hewlett-Packard will save
millions of dollars in taxes"
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"The Republicans in charge
aren't just pro-business
they are also pro-government
Federal outlays
increased nearly 30 percent
from 2000 to 2004
programs that are prime
lobbying targets:
defense
homeland security
and medical coverage"
" five major tax-cuts
and
curtailed regulation"
" gold rush on K Street........
one owner of a large lobbying shop
sez
five years ago
he could hire
veteran Capitol Hill staffers
for $200,000 a year or less
Now
the going rate is closer to
$300,000 a year
and the most-sought-after aides
can expect even more"
" In 2002, Susan B. Hirschmann,
chief of staff
to House Majority Leader Tom DeLay (R-Tex.)
had so many lobbying offers
that she enlisted Robert B. Barnett
the attorney for Bill Clinton
and Sen. Hillary Rodham Clinton (D-N.Y.)
to receive and filter them "
"For retiring members of Congress
and senior administration aides
the bidding from lobbying firms
and trade associations
can get even more fevered
Well-regarded top officials
are in high demand
and lately have commanded
employment packages
worth upward of $2 million a year
Marc F. Racicot
a former Montana governor
who chaired the Republican National Committee
will soon collect
an annual salary of $1 million-plus
as president
of the American Insurance Association"
The fees that lobbyists charge clients
have also risen substantially
Retainers that had been
$10,000 to $15,000 a month
for new corporate clients
before President Bush took office
now are $20,000 to $25,000
a month or more
lobbyists say"
Corporate clients
accept the extra cost
as the price of success in Washington
At the turn of the year
the American Ambulance Association
decided to step up its lobbying
and switched to Patton Boggs LLP
the Capitol Hill powerhouse
from a smaller lobbying shop
across town
In the process it boosted
its lobbying budget
by about a third
to more than $300,000 a year"
"It's pricey
but it's the cost of doing business
in the federal environment"
Posted by pinky at June 26, 2005 02:25 AM
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