Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsANALYSIS: When a Congressman Becomes a Lobbyist, He Gets a 1,452% Raise (on Average)
ANALYSIS: When a Congressman Becomes a Lobbyist, He Gets a 1,452% Raise (on Average)Our research effort uncovered the partial salaries of twelve lawmakers-turned-lobbyists. Republic Reports investigation found that lawmakers increased their salary by 1452% on average from the last year they were in office to the latest publicly available disclosure:
Former Congressman Billy Tauzin (R-LA) made $19,359,927 as a lobbyist for pharmaceutical companies between 2006 and 2010. Tauzin retired from Congress in 2005, shortly after leading the passage of President Bushs prescription drug expansion. He was recruited to lead PhRMA, a lobbying association for Pfizer, Bayer, and other top drug companies. During the health reform debate, the former congressman helped his association block a proposal to allow Medicare to negotiate for drug prices, a major concession that extended the policies enacted in Tauzins original Medicare drug-purchasing scheme. Tauzin left PhRMA in late 2010. He was paid over $11 million in his last year at the trade group. Comparing Tauzins salary during his last year as congressman and his last year as head of PhRMA, his salary went up 7110%.
Former Congressman Cal Dooley (D-CA) has made at least $4,719,093 as a lobbyist for food manufacturers and the chemical industry from 2005 to 2009. Republic Report analyzed disclosures from the Grocery Manufacturers Association (GMA), an industry lobby for companies like Kellogg where Dooley worked following his retirement from Congress. We also added in Dooleys salary from the American Chemistry Council, where Dooley now works as the president. The Chemistry Council represents Dow Chemical, DuPont, and other chemical interests. Dooleys salary jumped 1357% between his last year in the House and his last reported salary for the Chemistry Council in 2009.
Former Senator Chris Dodd (D-CT) makes approximately $1.5 million a year as the chief lobbyist for the movie industry. Dodd, who retired from the Senate after 2010, was hired by the Motion Picture Association of America, the lobbying association that represents major studios like Warner Bros. and Universal Studios. Although the MPAA would not confirm with Republic Report Dodds exact salary, media accounts point to $1.5 million, a slightly higher figure than the previous MPAA head, former Secretary of Agriculture Dan Glickman. Dodd received about a 762% raise after moving from public office to lobbying.
the rest:
http://www.republicreport.org/2012/make-it-rain-revolving-door/
InfoView thread info, including edit history
TrashPut this thread in your Trash Can (My DU » Trash Can)
BookmarkAdd this thread to your Bookmarks (My DU » Bookmarks)
3 replies, 1182 views
ShareGet links to this post and/or share on social media
AlertAlert this post for a rule violation
PowersThere are no powers you can use on this post
EditCannot edit other people's posts
ReplyReply to this post
EditCannot edit other people's posts
Rec (7)
ReplyReply to this post
3 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
ANALYSIS: When a Congressman Becomes a Lobbyist, He Gets a 1,452% Raise (on Average) (Original Post)
kpete
Mar 2012
OP
kpete
(72,039 posts)2. morning to you xchrom
raining here in SoCal
loving it!!!!
peace, kpete
xchrom
(108,903 posts)3. morning... yeah i talk to my mom in the bay area most every day and
she says they've been getting rain.
it's rainy here in n. carolina too.