Posts Tagged ‘presidential election’

What K St. is Saying About the Election

Thursday, November 8th, 2012 by Geoffrey Lyons

As election night sulking and celebrating slowly ebbs outside the beltway, here’s a flavor of what the lobbying insiders are talking about:

On the “status quo election”

Republican lobbying firm Clark Lytle Geduldig & Cranford  in a memo to clients: “Leader Reid will have a tenuous majority from a policy perspective as several Democratic senators are philosophically closer to Republicans than many of their more progressive elected leaders.”

Lobbyist Bruce Mehlman of Mehlman, Vogel, Castagnetti: “The overwhelmingly high reelection rate of incumbents means Congress can attack the big issue logjam immediately. 2013 promises to be busier, more intense and more bipartisan than any year since 1997, with huge issues such as tax and fiscal reform actually starting to move.  Our Senate Democrats and House Republicans are already running full-speed.”

On lame ducks moving to K St.

Ivan Adler, principal at the McCormick Group:

  • “Those members who are seen [as] friendlier to business will have a much easier time getting hired by these firms than others.   The game is to get clients. You’re going to have to find people who can reach across the aisle in order to service them.”
  • If [Scott Brown] wanted to go lobby, I think he’s gold-plated.  Someone with Massachusetts interests should be looking at him.”
  • “The election has solidified the job prospects of the people working on the regulatory side, especially when it comes to ObamaCare and Dodd-Frank. Those laws are here to stay.  K Street is going to hire people who can play goalie. They are going to have to be able to stop a lot of pucks.”

Chris Jones, managing partner at CapitolWorks: “Democrats that have come from a red state and Blue Dogs will continue to be a prized commodity.”

The Hill: “Though a number of lawmakers who lost their election bids will likely enter the lobbyist pool, several senators who were already known to be leaving Capitol Hill next year — including Sens. Jeff Bingaman (D-N.M.), Kent Conrad (D-N.D.), Jon Kyl (R-Ariz.), Joe Lieberman (I-Conn.) and Olympia Snowe (R-Maine) — remain the most coveted prospects for K Street.”

On the lobbying agenda

Tim Ryan, chief executive of the Securities Industry and Financial Markets Association: “With the election now over, it is vital that we return to the work at hand, namely, the continued implementation of Dodd-Frank and addressing the fiscal cliff.”

Tony Podesta, founder and chairman of Podesta Group: “If the [House] Speaker and the [Senate] majority leader are for it, you have got a shot at it. There won’t be any markup where you can add a few extraneous items to the bill. … The lobbying will be very narrow.  The odds of a passionate member of the leadership adding something to the bill may be low. The odds of the rank-and-file membership getting something into the bill are zero.”

Bob Van Heuvelen, founder of VH Strategies: “We are not going to be adding things to this Christmas tree. We are going to be clarifying what programs should and should not be cut. There are cuts that are going to be made, and that leads to winners and losers, which leads to the need for advocacy.  It’s going to be hard, but it’s not going to be impossible.”

Former Rep. Billy Tauzin (R-La.), now special counsel to Alston & Bird: “If gridlock is a drought season for our kind of work, we’re going to enter the rainy season.”

Financing Campaign Events: Corporations v. PACs v. Individuals

Thursday, March 3rd, 2011 by Vbhotla

So you’re the owner of a corporation that controls a PAC and you want to host a campaign event for one of the many potential 2012 presidential candidates — let’s just say Tim Pawlenty for giggles.  Should you pay for the event with your own checkbook? Expense it to the company? Maybe use PAC funds?  Here’s a quick breakdown of the rules governing campaign event financing:

Corporation:

If the audience is limited to the “restricted class” then the corporation may pay for the event and:

•The corporation may, during the event, endorse or otherwise expressly advocate for the candidate’s election.

•The corporation may solicit contributions on behalf of the candidate; and

•The candidate may accept contributions during the event; but

•The corporation may not facilitate the contributions by collecting them or providing envelopes or stamps.

If the audience includes other employees, then:

•The corporation must allow opposing candidates for the same office to address a similar audience in a like manner;

•The corporation must refrain from endorsing the candidate or soliciting contributions to the candidate’s campaign; and

•Though the candidate may solicit contributions, the candidate is not permitted to accept contributions during the event.

PAC:

A PAC may pay for campaign events if:

•The PAC pays for the use of any corporate resources, including employee time (in most cases, payment must be in advance);

Use of Meeting Rooms – A corporation that customarily makes its meeting rooms available to clubs, civic or community organizations, or other groups at a discount or for free, may also make those rooms available to a campaign on VigRX the same terms.

•The PAC notifies the campaign of all payments made on behalf of the campaign and reports them as in-kind contributions to the campaign; and

•The payments do not exceed the PAC’s $5,000 candidate contribution limit.

Individual:

An individual may pay for campaign events if:

•The individual pays for the use of any corporate resources, including employee time (in most cases, payment must be in advance);

Volunteer Safe Harbor – An individual may use corporate facilities for personal volunteer campaign activity without paying for them provided that the individual’s use does not exceed one hour per week or four hours per month and does not result in any increase to the operating costs or overhead of the corporation.

Use of Meeting Rooms – As previously discussed, a corporation that customarily makes its meeting rooms available to clubs, civic or community organizations, or other groups at a discount or for free, may also make those rooms available to a campaign on the same terms.

•The individual notifies the campaign of all payments made on behalf of the campaign; and •All payments by the individual do not exceed the individual’s $2,500 candidate contribution limit.

Residential Fundraising – If the event is held at an individual’s personal residence, then the individual may pay up to an additional $1,000 for food, drink, and invitations without having to report the costs to the campaign or applying them to the $2,500 contribution limit.

For more information on PACs and campaign finance, join the us for the intensive “PACs & Campaign Finance Lobbying Certificate Program” Monday.