Thread by @JuddLegum

Headlines like this are true, as I've documented after every FEC filing.

But the overall impression of this piece and others — that corporate PAC giving has "returned to normal" — is inaccurate

Many companies kept their pledges and corporate PAC money to objectors is way down

Here is one way to look at it. Many companies released statements. But many of them were just pablum

We documented 57 companies that actually pledged to cut off donations to the 147 GOP objectors

Since 1/6, FOUR have donated directly to objectors

popular.info/p/the-january-…

Another 16 of those 57 donated to the @NRCC and @NRSC, which supports the entire GOP caucus. In so doing, they violated the spirit, if not the letter of the pledge.

But that still leave 37 corporations that have kept their word with no caveats

popular.info/p/the-january-…

Another 43 companies cut off all donations after 1/6 and since then have not donated to any of the 147 Republican objectors directly or indirectly

popular.info/p/the-january-…

Many companies have given millions to Republican objectors and they should be held accountable.

But, overall, corporate PAC donations are down 60% compared to the comparable time period last election cycle

That's not an insignificant decline

popular.info/p/the-truth-ab…

What is EXTREMELY FRUSTRATING TO ME is the narrative that all corporations are donating to Republican objectors again, reflected in a lot of media coverage, is precisely the narrative that corporate lobbyists are pushing and it is not true

Accountability requires precision. There are 79 corporations that are upholding both the letter and the spirit of their pledges. And there are many silently following their lead.

If we lump the folks who are keeping their word in with Lockheed Martin and Koch and the rest of the companies that are showing the GOP objectors with cash, why should they continue their pledges?

popular.info/p/the-january-…

This is an absolutely key moment. We contacted 180+ companies about their plans for 2022 and only SEVEN committed to maintaining the freeze for this year.

@Airbnb
@BASF
@EversourceCorp
@lyft
@Microsoft
@DowNewsroom
@AmericanExpress

popular.info/p/seven-major-…

So many companies are keeping their options open. They could join the seven or they could join the companies showing McCarthy and company with cash.

I'll be continuing to track what happens.

You can stay updated by signing up free for my newsletter --> popular.info/subscribe

It's a real issue with our information ecosystem. The message THESE PEOPLE SUCK will travel much further than THINGS ARE KIND OF COMPLICATED RIGHT NOW even if the former is false and the latter is true

I'm going to stick with telling the truth even if it costs me retweets.