Corporate Contributions Move to Democrats [View All]

Corporate Contributions Move to Democrats

"Some big companies are boosting their share of campaign contributions to Democrats this year, a sign that executives may be starting to hedge their political bets after a decade of supporting congressional Republicans," according to Washington Wire http://blogs.wsj.com/washwire/2006/06/19/corporate-contributions-shift-to-the-left/.

"Most companies say they give political donations to candidates who support their businesses, regardless of party affiliation. But corporations also tend to channel funds to politicians they think will hold power. So any shift in corporate campaign giving toward Democrats could signal that businesses believe Democrats will have more sway in Washington after the 2006 midterm elections or the 2008 presidential contest."

http://politicalwire.com/archives/2006/06/19/corporate_contributions_move_to_democrats.html