Special Interest Cash Set to Break Record
{{#rendered}} {{/rendered}}Lobbyists spent more than $1 billion in the first half of 2004 promoting their positions in front of the president and Congress, putting the nation on track for its first $2 billion lobbying year.
According to an analysis released Wednesday by the nonpartisan Political Money Line (search) campaign finance tracking service, $1.06 billion was spent between January and June on lobbying the executive branch and Congress.
That is an increase over the same time periods in 2003 ($963 million), 2002 ($859 million), 2001 ($791 million) and 2000 ($765 million).
{{#rendered}} {{/rendered}}The average spending per month was $176 million. Spending usually increases in the second half of the year, the group said.
If that pace held up between July and December, lobbyists will have spent more than $2 billion on lobbying for the first time. Lobbyist spending came to $1.9 billion in 2003, $1.7 billion in 2002, $1.5 billion in 2001 and $1.5 billion in 2000.
The topic lobbyists spent the most money on was health care (search), followed by communication and technology, the study said.
{{#rendered}} {{/rendered}}The U.S. Chamber of Commerce (search) was the top spender at $20 million, followed by the chamber's Institute for Legal Reform at $10 million. In third place was the American Medical Association (search) at $9.2 million.
Figures for the last six months of 2004 will be reported in February.