Business PAC Donations Tanked To Republicans Who Challenged Biden Vote: Report

The significant change since the Electoral College count indicates businesses are serious about their threats to rethink support, The Wall Street Journal finds.

Political action committee contributions from businesses, industry groups, trade associations and unions plunged about 80% to Republican politicians who objected to certifying states’ Electoral College votes for Joe Biden as president, a Wall Street Journal analysis found.

PACs for those groups gave $1.3 million in the first quarter of the year to the campaigns of the 147 Republicans who objected to counting every states’ electoral votes for Biden on Jan. 6, according to the Journal’s examination of quarterly reports filed by Thursday’s deadline.

That was down about 80% from the $6.7 million donated by the same groups to the same lawmakers in the first quarter of 2019, a comparable postelection quarter, according to the newspaper.

The same contributions to both Democratic and Republican lawmakers who voted to certify the results were down about 35%, and contributions to Democrats dropped 30%, the Journal reported.

Donations often slack off the first quarter after a national election. But the figures indicate that most companies and trade groups that threatened to suspend donations after the siege of the U.S. Capitol by Donald Trump supporters “have done so,” the newspaper noted.

Some high-profile lawmakers who challenged the Electoral College count — including Sen. Ted Cruz (R-Texas) and Rep. Marjorie Taylor Greene (R-Ga.) — don’t rely heavily or at all on PAC business contributions. But the significant drop in the donations is a strong indication of where business stands on the upheaval and divisiveness driven by the GOP.

Check out the entire Journal PAC contribution story here.

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