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Sunday February 12, 2012

Lobbying for Dollars

A look at how much companies stand to gain from lobbying Washington for federal earmarks

For years, one of the greatest mysteries in Washington has been exactly how much revenue companies generate through their lobbying efforts. But now, thanks to new government disclosure databases, we can see a part of it: how much companies generate in federal earmarks — those pet spending provisions that members of Congress slip into legislation. In turn, it's possible to compare that amount to how much those same companies spent lobbying in Washington, to form a sense of the ratios between how much cash companies are spreading around the capital, and how much revenue they get in return.

Methodology: BusinessWeek, in conjunction with lobbying database experts at Columbia Books, compared earmark data newly available this year from the White House Office of Management & Budget with federal lobbying disclosure records on file with the Senate Office of Public Records. A few things to bear in mind: Companies generally lobby for far more than just earmarks -- they seek governmental policy changes, tax advantages, and spending through the regular budget. Those lobbying results are far more difficult to calculate, but a ratio that measured total impact of Washington lobbying, rather than just the earmark impact, would likely be much higher than the ones presented here.