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Campaign funds surge as corporate and labor committees rise
A Common Cause study shows corporate political committees donated over 7.1 million to congressional candidates in 1976, up from 2.5 million in 1974 after a government reform ended a contract-based ban. Labor gifts totaled 8.2 million in 1976, up about 2 million from 1974, with 987,000 in early 1977. Metzenbaum urges tighter insurance industry regulation in Congress. A dissident Teamster group notes 19 officials earned over 100,000 in 1976, 54 over 70,000.
MENTIONED IN THIS ARTICLE
Washington
Citizens’ Group
Sidered
Teamster
Professional Drivers Council
Labor Department