Political Contributions and Lobbying
According to the Center for Responsive Politics, AT&T is the second largest donor to United States political campaigns, and the top American corporate donor, having contributed more than US$47.7 million since 1990, 56% and 44% of which went to Republican and Democratic recipients, respectively. Also, during the period of 1998 to 2010, the company expended US$130 million on lobbying in the United States. A key political issue for AT&T has been the question of which businesses win the right to profit by providing broadband internet access in the United States.
In 2005, AT&T was among 53 entities that contributed the maximum of $250,000 to the second inauguration of President George W. Bush.
Read more about this topic: SBC Communications
Famous quotes containing the word political:
“All the territorial possessions of all the political establishments in the earth—including America, of course—consist of pilferings from other people’s wash.”
—Mark Twain [Samuel Langhorne Clemens] (1835–1910)