Intense lobbying battles over a bipartisan infrastructure measure and President Joe Biden’s stalled spending and tax package propelled a surge among most of K Street’s biggest spenders and record revenue from top firms last year, new disclosures show.
Lobbyists say they expect a slower pace of legislative activity later this year, as the midterm elections cast a shadow over Capitol Hill. But many predict an uptick in regulatory and executive branch matters in the second year of the Biden administration.
The 10 biggest players in federal lobbying — from the U.S. Chamber of Commerce to Meta, the company formerly known as Facebook, to the American Chemistry Council — disclosed shelling out $278.2 million in 2021 as they navigated Democrats’ proposed corporate tax increases to help pay for a major social spending package. Lobbying disclosure reports covering the fourth quarter of last year were due to the House and Senate Thursday.
