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Uneven Political Contributions by Publicly Traded Companies
Posted at 12:37 p.m. on Aug. 14, 2013
The recent disclosure of large corporate checks from publicly traded companies to political groups shows there can be a significant difference in the amount a company gives to Republicans and Democrats.
The Republican Governors Association and the Democratic Governors Association routinely ask corporations for contributions for political activities to help elect their party candidates for governor and for other political campaigning activities. Political MoneyLine reported yesterday that in the first six months of 2013, the RGA raised $24 million and the DGA raised $13 million.
A review of those publicly traded corporations giving more than $100,000 in 2013 to the RGA or the DGA indicates that some publicly traded corporations gave one party group much more than the other.