Subject: [big campaign] Fortune 200 Corporations¹ Execs And PACs Donate $5.6 Million To McCain
From: David Miller <[email-masked]>
To: [email-masked]
Date: Thu, 26 Jun 2008 12:54:26 -0400
List-Id: <bigcampaign.googlegroups.com>

FOR IMMEDIATE RELEASE
Thursday, June 26, 2008

CONTACT            
David Miller, Communications Manager
(202) 448-6154

Fortune 200 Corporations¹ Execs And PACs Donate $5.6 Million To McCain,
Spend Nearly $100 Million On McCain¹s Lobbyists

Washington, D.C.  A report released by Campaign Money Watch, a campaign
finance watchdog group, found that the top 200 corporations in America are
well represented among Sen. John McCain¹s (R-AZ) campaign contributors and
the lobbyists working to get him elected. The report¹s release comes as the
Center for American Progress Action Fund unveils its analysis that McCain¹s
tax plan would save the same 200 corporations $45 billion.

³Apparently, one of the best investments corporate America could make right
now is to make a campaign contribution to John McCain, or to hire one of the
many lobbyists working for his campaign,² commented David Donnelly, director
of Campaign Money Watch. ³But regular Americans can¹t afford to hire a
lobbyist like Charlie Black or Rick Davis, or to make a $2,300 contribution.
Perhaps that¹s why McCain¹s tax plan is so skewed to help corporate
America.²

Campaign Money Watch¹s analysis of data obtained from the nonpartisan Center
for Responsive Politics (http://www.opensecrets.org) found that:

* McCain has received $5,590,003 from the employees and Political Action
Committees (PACs) of the Fortune 200 since 1989. These same 200 companies
have paid $98,693,835 to lobbyists connected to the McCain campaign since
1998.

* McCain has raised $1,076,579 from the top ten companies on the Fortune 200
since 1989. Those same ten companies have paid $17,961,900 to lobbying firms
represented on McCain¹s staff and fundraiser roster since 1998.

* McCain has already received three times as much in campaign contributions
in this election from the Fortune 200 than he did in his 2000 race for the
White House. In 2000 he raised $1,113,526 and so far in 2008 he has raised
$3,026,122.

A full spreadsheet with figures for total donations from every corporation¹s
executives and PAC, and the corporation¹s lobbyists and lobbying
expenditures, is available online at
http://www.campaignmoney.org/pressroom/2008/06/26/mccain-fortune200.

Campaign Money Watch also released a comprehensive report on John McCain's
connections to lobbyists early this month, finding that lobbyists helping
his campaign made nearly half a billion dollars in lobbying fees over the
past ten years. The report, entitled "Embedded or In Bed?" can be read
online at http://www.campaignmoney.org/files/Embedded.pdf.

Campaign Money Watch is a project of the nonpartisan Public Campaign Action
Fund. The organization works to hold politicians who are against reform
accountable for where they get their political donations.

-- 
David Miller
Communications/Web Manager
Public Campaign Action Fund/Campaign Money Watch
1828 L St. NW #250
Washington, DC 20036
(202) 448-6154

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