THE FIRST AND third most expensive lobbying issues for the 112th Congress are taxes and the budget. The two most important issues surrounding the fiscal cliff are – surprise – taxes and the budget.
Obvious and intuitive as this may be in theory, it’s a mess on paper.
To the rescue is clamoring for a say in a grand bargain. His conclusion:
“At this point, we have no idea what the final sausage of budget cuts and tax loophole closures will look like. But whatever winds up on the chopping block, there will be plenty of yelling and screaming from somewhere.”
And by “somewhere” he means “everywhere.” The Sunlight Foundation’s “Sunlight Labs” lists no fewer than 62 sectors that have already exceeded $1 million in lobbying expenditures on tax lobbying alone.