Companies are taking a clear stand ahead of the November ballot. So far, Republicans have received 56% of the donations made by company PACs and employees, according to the nonpartisan Center for Responsive Politics. It is a turnaround from the 2008 election, when corporate PACs and employees gave 55% of their donations to Democratic candidates. That's when President Barack Obama was elected and Democrats controlled both chambers of Congress. In between, during the 2010 midterms, companies split their donations more or less evenly.
The shift implies a financial swing to the GOP of as much as $300 million, and suggests that corporations are betting Republicans will win seats in the Senate and hold on to the House
Read more: http://www.foxnews.com/politics/2012/07/22/business-shifts-its-support-to-gop/#ixzz21P4UafH9
Business shifts its support to GOP
Current Status: Published (4)
Seeded on Sun Jul 22, 2012 6:05 PM

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