After a whooping $1.1 billion during the first quarter of the year, federal lobbying expenditure has capped $2billion. This is unprecedented. This article by Taylor Giorno, is published by Open secrets. Here is an excerpt:
Federal lobbying is on track for record spending in 2022, according to a new OpenSecrets analysis of lobbying disclosures covering the first half of 2022.
Lobbyists reported receiving over $2 billion during the first two quarters of the year for the first time ever in 2022. The trend follows an unprecedented $1.1 billion in lobbying spending during the first quarter of the year.
The number of federal lobbyists active during the first six months of the year was 11,441, its highest since 2012. During the same period in 2021, 11,249 lobbyists received $1.8 billion.
Read the full story here.