Thursday, August 04, 2005

Congress: A pathway to riches

A news release issued today by Public Citizen says 43 percent of U. S. legislators who have left office since 1998 have become lobbyists.
Though they are prohibited by federal law from lobbying Congress for one year after they leave office, they are getting around that by supervising other lobbyists who deal with Congress for that first year, then taking over when that time period ends.
The case used as an example is Bob Livingston, who made $1 million in the first year after he became a lobbyist despite the restrictions, then quadrupled that during his second year.
You can find a link to the news release issued by Public Citizen, plus plenty of additional information at:
http://www.lobbyinginfo.org/

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