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Corporate Donations Surge to GOP

HeadlineJan 25, 2011

New figures show a surge in corporate donations to top House Republicans over the past two years. According to the Washington Post, major healthcare companies have given Republican leaders at least $5 million since 2009. House Majority Leader Eric Cantor received some $6 million in corporate money during the 2010 midterms, including $2.4 million from the financial industry. Overall, finance records show corporations from fields including banking, insurance, energy and agribusiness have given their biggest donations to Republicans heading the committees overseeing their industries.

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