Revenue of top lobbying firms jumped in first half of year
3rd August 2010
The year is off to a good start for K Street, with eight of the 10 most successful lobbying shops bringing in more revenue during the first half of 2010 than during the same period last year.
The financial services overhaul, health-care legislation and the proposed climate change bill helped generate more than $128 million in lobbying revenue for these firms since the beginning of the year, with half posting double-digit gains.
My, what a surprise. Aren’t you surprised? I’m sure surprised.
Democrats talk a good fight but it’s all just sabre-rattling to scare businesses into greasing their palms. Whenever a Democrat complains about ‘special interests’, what he (or she) is really saying that the anticipated payoff wasn’t as big as desired.
Capitol Hill heavyweight Patton Boggs again topped the charts, bringing in $20.6 million during the first two quarters of the year, according to Capital Business estimates based on Lobbying Disclosure Act forms filed with the Senate. That figure does not include more than $6 million in revenue reported by mid-sized firm Breaux-Lott Leadership Group, which was acquired by Patton Boggs on July 1. The addition will likely cement Patton Boggs’s top rank in upcoming quarters.’
That’s former Senator Breaux (D) and former Senator Lott (R). The ‘Boggs’ is Tommy Boggs, son of former Congresscritters Hale Boggs (D) and Lindy Boggs (D), and brother of Voice of the Crust Cokie Roberts (DD).
‘Make unto you friends of the mammon of iniquity; that when you shall fail, they may receive you into everlasting dwellings.’