Tuesday, April 24, 2012

Google, Facebook Spent Record Amounts On D.C. Lobbying In Q1 2012

FacebookMore dollars were poured into the Beltway from technology companies in the first quarter of 2012. As shown through previous lobbying spends, each quarter, Facebook and Google continue to spend more and more on lobbying efforts in Washington D.C. In the most recent disclosure reports filed in the U.S. Senate?s lobbying database, both of the companies hit all time highs in terms of lobbying dollars. Google?s lobbying spend hit an all-time high again this quarter, with spending coming in at a whopping $5.03 million, tripling its spend from the same period a year ago. Last quarter, Google spent $3.76 million on lawmakers. Microsoft only spent $1.8 million on lobbying for the quarter. In 2011, Google spent $9.7 million on lobbying, and has already surpassed half of that spend in this past quarter alone.

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