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Companies donated $170 million to GOP election objectors: Report

Many companies have since said they will avoid making donations to members of the House and Senate who voted to overturn Biden's win

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United States | Political donations | Donald Trump

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us capitol
Thousands of angry supporters of President Donald Trump stormed the US Capitol and clashed with police. Photo: Reuters

Corporations and industry groups have donated at least $170 million in recent years to Republicans who rejected President-elect Joe Biden's victory over President Donald Trump, according to a new report by a government watchdog group.

The report by Public Citizen examines corporate and trade association contributions made since the 2016 election cycle to the 147 members of Congress who, at Trump's behest, last week objected to the certification of November's election.

Giving by such trade groups and corporate PACs has come under intense scrutiny in the wake of the deadly insurrection by Trump supporters, who stormed the Capitol to stop the vote.

Many companies have since said they will avoid making donations to members of the House and Senate who voted to overturn Biden's win.

Other companies have temporarily postponed political giving to both political parties.

ALSO READ: US House nears impeaching Trump; McConnell rejects immediate trial

The amount of giving by corporate PACs and trade groups to individual candidates is limited to $5,000 per candidate each year, thus making up a small portion of each candidate's overall cash haul.

But data reviewed by Public Citizen, which was provided to The Associated Press before the report's release later Wednesday, shows that when looked at more broadly, corporate giving still accounts for a significant stream of campaign cash, particularly to the Republicans in the House.

“If (corporations and industry groups) decided to actually get together and stop contributing to these people, it will have an effect,” said Mike Tanglis, Public Citizen's research director, who co-authored the report.

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First Published: Thu, January 14 2021. 01:10 IST
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