Dayton
Business Journal...
Ohio PACs
flood dollars into federal campaigns
by Laura
Englehart
Monday,
March 12, 2012 The Mothers
Milk of PoliticsOhio
political action committees formed by businesses with area operations
are
taking in and spending thousands of dollars on federal campaigns with
hopes
their money will reach a listening ear on a high platform.
Heavy
hitters such as West Chester-based AK Steel, Columbus-based Cardinal
Health,
Cincinnati-based Procter & Gamble Co. and Kroger Co. all have
federal PACs,
along with Dayton-based Dayton Power & Light Co., CareSource
and Woolpert
Inc., among others.
Note: Click
here for slideshow of richest Ohio PACs and biggest spenders.
Federal
election laws prohibit corporations and labor organizations from using
their
general treasury funds to make contributions or expenditures in
connection with
federal elections, but companies and unions can set up PACs to raise
money and
funnel cash to candidates who support their interests. Through their
support,
businesses gain more access to their government representatives.
For
corporations and unions, having a hand in elections is almost a must,
if they
want to have a say in legislative decisions.
“I think
when you look at the modern business climate, being politically active
is a
necessary evil,” said Mark Caleb Smith, director of Cedarville
University
Center of Political Studies in Greene County. “If there’s going to be
some
regulation in your industry, you want to have a role in that and … if
you’re
not donating money and resources, you’re not going to be a part of the
process.”
Several big
banks with operations locally have raised and spent big bucks in Ohio,
Federal
Election Commission records show.
Huntington
Bancshares Inc.
PAC in the 2011-2012
election cycle raised $417,500 and distributed nearly $486,000 through
Jan. 31.
Fifth Third
Bancorp PAC
has raised more than
$276,000 and distributed $195,000 through Feb. 15. And KeyCorp has
two committees registered in Ohio with
the FEC. Combined, those PACs have raised about $215,000 and
distributed
$175,500 through Jan. 31.
Other
companies with regional ties have pulled in considerable amounts:
• Woolpert
Inc. PAC has raised more than $87,400 and spent $45,100 through Dec.
31. The
Kettering-based engineering firm has 160 employees locally.
• AK Steel
Corp. PAC has raised $61,300 and spent $42,500 through Dec. 31. AK
Steel
Holding Corp.
has 2,400 employees in
the region.
• Dayton
Power & Light Co. Responsible Citizenship Fund has raised
$43,700 and spent
$37,000 through Dec. 31. DP&L parent company, DPL Inc. ,
serves more than 500,000 customers in the
region through its subsidiaries. DPL was bought by AES Corp.
•
CareSource Management Services Co. PAC has raised $35,600 and spent
about
$18,200 through Jan. 31. CareSource has almost 900 workers locally.
Also with
PACs set up in Ohio are AT&T Inc.
, Cincinnati Bell Inc.
, Messer
Construction Co.
, Thompson Hine LLP
and Bricker & Eckler LLP.
Who’s
getting the dollars raised by local PACs? Mainly Republican candidates
for
Congress and other nationwide political committees, which is not
unusual, said
Paul Leonard, former Ohio lieutenant governor who is now a local
professor at
Wright State University
.
Traditionally, businesses have backed Republicans while unions have
loyally
supported Democrats. However, that paradigm has shifted somewhat in
recent
years: The money now often goes to the candidates perceived most
viable, said
Leonard, who also has served as a state representative and Dayton mayor.
“Instead of
investing in candidates that share their political philosophy, PACs are
now
trying to play the winners,” Leonard said. “As long as they can get
access and
have a chance of exerting influence, what’s the difference? You’ll see
PACs
that play both sides of the aisle.”
Either way,
companies and unions expect something back for their campaign
contributions in
an “I’ll scratch your back, if you scratch mine” kind of deal.
“When
companies and labor unions put political action committees together,
make no
mistake, they expect something tangible in return,” Leonard said.
“That’s how
it works. The mother’s milk of politics is money, plain and simple.”
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