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Friday, August 12, 2005

LobbyingInfo.org | Congressional Revolving Doors

"Congressional Revolving Doors

The Journey from Congress to K Street

Members of Congress Increasingly Use Revolving Door to
Launch Lucrative Lobbying Careers 43 Percent of Lawmakers Who Left Office Since 1998 Have Become Lobbyists, Public Citizen Analysis Shows WASHINGTON, D.C. – Forty-three percent of members of Congress who left office since 1998 and were eligible to lobby have become lobbyists, indicating that Congress has increasingly become a way station on the path to the lucrative influence-peddling industry, according to a new Public Citizen report released today.

The report, Congressional Revolving Doors: The Journey from Congress to K Street, examines in depth the case of one former member who has done particularly well after going through the revolving door.Just days after he left Congress in 1999 amid allegations of an extramarital affair, former U.S. Rep. Bob Livingston (R-La.) opened a lobbying shop.

.....Livingston exemplifies how a member-turned-lobbyist interacts with his former colleagues. In six years, Livingston built his business into the 12th largest non-law lobbying firm in Washington and took in almost $40 million from 1999 through 2004, records show. Among his clients are Turkey, Morocco and the Cayman Islands, which collectively paid his firm $11 million from 2000 to 2004, with $9 million of that coming from Turkey....

* Press Release
* Full report in PDF format"

LobbyingInfo.org | Congressional Revolving Doors