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February 6, 2016

GE Powers PAC Funds to Congress (Updated)

Political action committees, led by the General Electric Company PAC, were hard at work during November moving campaign contributions to members of Congress.

Disclosure reports for campaign finance activity in November are due to be filed with the Federal Election Commission Friday. Early filings show the General Electric Company PAC giving $263,500 to federal candidates and committees in November. Of that amount, $158,500 was given to personal PACs, also known as leadership PACs.

Other PACs giving more than $100,000 include the Lockheed Martin Corporation Employees’ PAC, which gave $220,000; the National Association of Realtors PAC gave $168,370; the AT&T Inc. PAC gave $167,000; the Boeing Company PAC gave $155,000; the National Association of Broadcasters PAC gave $135,334; the American Seniors Association gave $134,000; the United Parcel Service Inc. PAC gave $133,684; the Carpenters Legislative Improvement Committee gave $130,000;the American Bankers Association PAC (BankPAC) gave $122,500; AFLAC PAC gave $121,000; Ernst & Young PAC gave $109,000; the Bank of America Corporation Federal PAC gave $104,000; and the International Brotherhood of Electrical Workers PAC gave $103,000.

These fourteen PACs each gave out contributions of more than $100,000 in November and totaled over $2 million.

Update 12/21: Other PACs contributing more than $100,000 to federal candidates and committees during November include Raytheon Company PAC $193,500; United Food and Commercial Workers International Union Active Ballot Club $191,500; D.R.I.V.E. PAC of the International Brotherhood of Teamsters $151,500; Honeywell International PAC $144,784; American Assn. for Justice PAC $131,500; Employees of Northrop Grumman Corporation PAC $123,500; Service Employees International Union Committee on Political Education $115,000; and Comcast Corporation & NBCUniversal PAC-Federal $107,000.

To search detailed money-in-politics databases, visit Political MoneyLine.

  • Ed Davis

    Buying candidates today to forge a profitable future. I predict GE will be making turbines, Martin Marietta will be making drones, AT&T will be scooping up data, and American Bankers will avoid jail. Same as it ever was.

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