Policy

GE's Political Agenda

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Tim Carney's column today describes an email sent to GE employees urging them to support the company's political action committee. The message, initially revealed (and reprinted in full) on Steve Milloy's anti-environmentalist blog, lays out the "intersection between GE's interests and government action." Drawing on that document and other sources, Carney, who notes that General Electric spends more on lobbying than any other company, sums up the corporate agenda: "GE is betting on climate change legislation, high-speed rail funding, electric car subsidies, embryonic stem cell grants, expanded federal health care spending, subsidies for renewable energy, defense contracts and continued financial bailouts."