Manchin Gets A Reward Of 300k From Corporate Donors Right After Tanking The BBB Legislation

  • Senator Joe Manchin’s reelection campaign raised close to $300,000 from executives and corporate PACs mere days after the Blue Dog Democrat announced that he would oppose Biden’s $1.75 trillion signature bill.
  • His campaign raised a record $1.5 million in the fourth quarter through contributions from companies such as Facebook (a.k.a Meta), CVS Health, Lowe’s, Anthem, Cigna, Boston Scientific, Cheniere Energy, and Emergent BioSolutions.
  • Reportedly, many of the executives who contributed to Manchin’s campaign have also donated cash to other political operations for the GOP, including those of former President Donald J Trump.

Brian Schwartz from CNBC writes:

“Sen. Joe Manchin’s reelection campaign raised nearly $300,000 from corporate political action committees and executives days after the conservative Democrat said he would oppose President Joe Biden’s $1.75 trillion social and climate spending package, according to a CNBC analysis of Federal Election Commission filings.

Some of the executives who donated to his campaign also previously contributed to other Republican leaders’ political operations, including former President Donald Trump’s.

Manchin is up for reelection in 2024. His campaign raised just over $1.5 million in the fourth quarter, ending the period with over $6 million on hand. Manchin’s campaign has never raised that much money over the October-December quarter, according to a campaign finance expert.

Over $280,000 from corporate PACs and influential donors came after Manchin announced on Fox News on Dec. 19 that he would not back Biden’s major spending bill, which is known as Build Back Better…”

See full story here.

Categories: Business, Economy, Government, Politics

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