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Romney Is ‘Clear Favorite’ Of DC Lobbyists, Analysis Shows

By Alex Seitz-Wald on March 12, 2012 at 11:35 am

"Romney Is ‘Clear Favorite’ Of DC Lobbyists, Analysis Shows"

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A Reuters analysis of public disclosure records confirms that Mitt Romney is winning the inside-the-beltway primary of Washington lobbyists. Nearly 390 registered lobbyists and lobbying political action committees (PACs) have contributed more than $1.5 million to “clear favorite” Romney’s campaign and the super PAC supporting him, “far more than what any other Republican candidate or his Super PAC has received.”

Rick Santorum, Newt Gingrich, and Rep. Ron Paul (R-TX) have together raised a combined $94,000 from registered lobbyists, while their super PACs have not received any money from K Street.

Romney has also used lobbyists as “bundlers” to help raise contributions, 16 of whom had collected more than $2 million for Romney’s campaign through the end of 2011, according to an New York Times analysis from last month.

Romney’s lobbyists donors mainly represent the healthcare, finance, and energy sectors. And Romney’s agenda would likely benefit the bottom line of many of these corporations, as he’s called for cutting corporate taxes, eliminating important environmental and labor regulations, and repealing the Dodd-Frank Wall Street reform law and post-Enron Sarbanes-Oxley corporate accounting overhaul.

“The insiders approach this from a lot of different angles than a casual voter. They’ve been in town for a long time, they’ve watched this process for a long time, they can smell a winner,” said Tom Korologos of the law and lobby firm DLA Piper on Romney.

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