Welcome Guest [Log In] [Register]
We hope you enjoy your visit.


You're currently viewing our forum as a guest. This means you are limited to certain areas of the board and there are some features you can't use. If you join our community, you'll be able to access member-only sections, and use many member-only features such as customizing your profile, sending personal messages, and voting in polls. Registration is simple, fast, and completely free.


Join our community!


If you're already a member please log in to your account to access all of our features:

Username:   Password:
Add Reply
Comcast spreads cash wide on Capitol Hill
Topic Started: Mar 12 2014, 12:15 PM (53 Views)
tomdrobin
Member Avatar
Fire & Ice Senior Diplomat
[ * ]
Quote:
 
By TONY ROMM | 3/9/14 10:52 PM EDT
There’s little that tends to unite a leading liberal like Durbin and a conservative firebrand like Ted Cruz.

But when the two senators join their colleagues for a hearing this month on Comcast’s $45 billion bid for Time Warner Cable, many of them will have something in common — they’ve each collected Comcast cash.

The Philadelphia cable giant historically has been a major Beltway player, and it’s sure to strengthen its political offense in order to sell the new, controversial megadeal. Yet even before announcing its plans for Time Warner Cable, Comcast had donated to almost every member of Congress who has a hand in regulating it.


In fact, money from Comcast’s political action committee has flowed to all but three members of the Senate Judiciary Committee. Checks have landed in the campaign coffers of Sens. Amy Klobuchar (D-Minn.) and Mike Lee (R-Utah), who oversee the chamber’s antitrust panel.

Meanwhile, the cable giant has donated in some way to 32 of the 39 members of the House Judiciary Committee, which is planning a hearing of its own. And Comcast has canvassed the two congressional panels that chiefly regulate cable, broadband and other telecom issues, donating to practically every lawmaker there — including Rep. Greg Walden (R-Ore.) and Sen. Jay Rockefeller (D-W.Va.).

Comcast stresses its donations are a function of its business. “Comcast NBCUniversal operates in 39 states and has 130,000 employees across the country,” said spokeswoman Sena Fitzmaurice. “It is important for our customers, our employees and our shareholders that we participate in the political process. The majority of our PAC contributions are to the senators and members who represent our employees and customers.”


Read more: http://www.politico.com/story/2014/03/comcast-cash-spread-wide-on-capitol-hill-104469.html#ixzz2vibccxfM
Offline Profile Quote Post Goto Top
 
1 user reading this topic (1 Guest and 0 Anonymous)
« Previous Topic · Fire And Ice General Discussion · Next Topic »
Add Reply

Website Traffic Analysis