Thursday, January 6, 2011

House Majority Leader Eric Cantor Rides The Campaign $$$ Gravy Train... First Class


Eric Cantor (R - VA), the new Majority Leader in the House, shoveled in a nice pile of cash for the 2010 election season -- about $6 million dollars. For comparison, the former Speaker of the House received about $2.6 million, and the new Speaker of the House, John Boehner (R - OH) received about $10 million.

Note the PAC contributions: $600K under "Finance, Insurance & Real Estate", and $420K under "Health" -- You can be sure Mr. Cantor works hard for Goldman Sachs, health insurance providers, and for-profit hospitals...and works not so hard for plain-vanilla voters.
Top 5 Contributors, 2009-2010, Campaign Cmte
ContributorTotalIndivsPACs
Comcast Corp$33,950$23,950$10,000
McGuireWoods LLP$28,050$23,050$5,000
Dominion Resources$27,900$17,900$10,000
Goldman Sachs$27,650$17,650$10,000
Blue Cross/Blue Shield$22,500$0$22,500

Top 5 Industries, 2009-2010, Campaign Cmte

IndustryTotalIndivsPACs
Securities & Investment$464,500$347,600$116,900
Real Estate$362,547$282,147$80,400
Insurance$286,850$96,400$190,450
Health Professionals$228,750$57,750$171,000
Retired$221,385$221,385$0
PAC's
Total PAC Money for 2010: $2,334,956
Number of Contributions: 1063

Sectors, 2009-2010

Agribusiness$135,500
Communications/Electronics$214,800
Construction$96,500
Defense$75,000
Energy & Natural Resources$189,000
Finance, Insurance & Real Estate$587,300
Health$418,250
Lawyers & Lobbyists$60,750
Transportation$136,000
Misc Business$333,750
Labor$14,500
Ideological/Single-Issue$69,606
Other$4,000
Based on Federal Election Commission data available electronically on Monday, December 13, 2010.

2009 - 2010 Cycle PAC Contribution Breakdown


legendBusiness$2,246,850(96%)
legendLabor$14,500(1%)
legendIdeological/Single Issue$69,606(3%)
Based on Federal Election Commission data available electronically on Monday, December 13, 2010.
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