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FC: Computer industry's latest political giving, from CRP
From: Declan McCullagh <declan () well com>
Date: Mon, 2 Oct 2000 17:18:58 -0400
----- Forwarded message from Center for Responsive Politics <hbailey () crp org> From: Center for Responsive Politics <hbailey () crp org> Subject: Money in Politics Alert -- Oct 2, 2000 To: Declan McCullagh <declan () wired com> Date: Mon, 2 Oct 2000 13:40:14 -0700 CENTER FOR RESPONSIVE POLITICS MONEY IN POLITICS ALERT Vol. 5, #59 October 2, 2000 tel: 202-857-0044, fax: 202-857-7809 email: info () crp org, web: www.opensecrets.org http://www.opensecrets.org/alerts/v5/alertv5_59.htm Cyberdemocracy III: An Update on the Computer Industry's Political Giving By Holly Bailey As the 106th Congress winds to a conclusion this week, members of the House and Senate are poised to vote on the high-tech industry's most important lobbying issue of the year, an immigration bill that would expand the number of work visas available for skilled foreign workers. If approved, it would mark the second time in less than two years that the computer industry has successfully argued for an increase in the six-year visas. In late 1998, lawmakers upped the cap on work visas from 65,000 to the current level of 115,000. The Senate tomorrow is expected to increase the number available to 195,000 each fiscal year, while the House this week is weighing two bills, including one that would wipe out all existing caps on available work visas. In a session where lawmakers deadlocked on a supposed Patients Bill of Rights, gun control and other hot legislative topics, it should be no surprise that in its final days the 106th Congress is taking up a bill of such profound importance to the tech sector. That's because more than half of all House and Senate members have benefited in the form of political contributions this election cycle from the computer industry's economic prowess on Wall Street. Of the House's 435 members, 325 of them have taken an average of $5,000 from the tech industry, while 75 out of 100 members of the Senate have reported an average contribution of $22,000 during the 1999-00 election cycle. But that's nothing compared to the entire pot of computer industry contributions, which now totals more than $22 million in soft money, PAC and individual contributions. All told, that's nearly three times what the industry contributed during all of 1995-96, the last presidential election cycle. It's also a 233 percent increase over giving in the 1998 elections, earning the computer industry a spot alongside the entertainment industry and oil and gas interests as one of Washington's most generous political benefactors. Thanks to an upswing in soft money contributions, Democrats this cycle are receiving the majority of the industry's contributions, with 54 percent compared to the Republicans' 45 percent. But that financial support varies dramatically when broken down by geography. Analysis shows that Democrats are taking the majority of political contributions from San Jose and San Francisco, Calif., the home of Silicon Valley. San Jose ($2.9 million in contributions; 63 percent Dems) ranks No. 2 in tech industry contributions, while the Bay Area ($1.8 million; 82 percent Dems) ranks No. 4. At No. 3, the Seattle metro area ($2.4 million; 56 percent Dems) also favors the Democrats, though not as strongly thanks to Microsoft Corp's $1 million in soft money donations to the Republicans. But inside the Beltway, it's a different story. With $3.5 million in contributions, the Washington, DC metro area, home to company lobbyists and Northern Virginia's expanding tech economy, ranks No. 1 in computer industry contributions. Sixty-one percent of that money goes to Republicans. Click here for a look at computer industry contributions broken down by geography, as well as links to the industry's top contributors and recipients dating back to 1990: http://www.opensecrets.org/alerts/v5/alertv5_59.htm ----- End forwarded message ----- ------------------------------------------------------------------------- POLITECH -- the moderated mailing list of politics and technology You may redistribute this message freely if it remains intact. To subscribe, visit http://www.politechbot.com/info/subscribe.html This message is archived at http://www.politechbot.com/ -------------------------------------------------------------------------
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- FC: Computer industry's latest political giving, from CRP Declan McCullagh (Oct 02)