Posts Tagged ‘CNN’

McCutcheon’s Effect on Lobbyists

Monday, April 7th, 2014 by Geoffrey Lyons

WHATEVER ONE’S VIEWS on the Supreme Court’s ruling in McCutcehon v. FEC, there’s one incontrovertable fact: lobbyists will suffer.

According to CNN, “lobbyists fret that the ruling could mean they’ll be on the hook to hand over even more campaign cash to lawmakers.”

POLITICO added that these lobbyists “are already inundated by fundraising calls from lawmakers, email solicitations and events that fill their calendars for breakfasts, lunches and dinners in the run-up to the quarterly deadlines.”

The Hill called the decision “groan-inducing” for lobbyists, noting that the aggregate limits had until now acted as “a ready-made excuse for turning down fundraising appeals.”

Of course, not everyone is extending their pity.  Huffington Post blogger Jason Linkins bitterly remarked that these complaints teach only that “there is no greater disadvantage in life than having all the advantages.”

Yet virtually nobody is challenging the fact that lobbyists will be expected to pony up a larger share of their income in the years ahead.  Perhaps a collective reluctance will help minimize the damage.