When corporations give millions of dollars to members of Congress, what are they buying? Friends in high places? Sympathetic interpretations of laws and regulations? Special favors written into laws? Access to strategy sessions in back rooms? Tax breaks? Other direct benefits for themselves?
The answer is, “All of the above.” Corporations are giving to get, plain and simple. And it works.
The tens of millions of dollars that corporations pay into congressional campaign war chests each year come back to the corporations in the form of significant and tangible rewards worth hundreds–if not thousands–of times more than their campaign contributions. Meanwhile, nothing goes to small businesses.
A good example is House Speaker Newt Gingrich. For years, Gingrich headed the GOP Action Committee, or GOPAC, which …