Business interests outspent organized labor 14-to-1 . Business PACs made $341.3 million in federal contributions, five times the total contributions labor PACs reported through post-general reports filed with the FEC. “Business PACs” include not only PACs associated with for-profit corporations, but also cooperative and trade association PACs that receive dues from businesses with a stake in these influential industries.
The National Association of Realtors was both the top spending business PAC of the election cycle and the top federal lobbying spender of 2022. The National Association of Realtors PAC poured $4 million into federal contributions and the group itself spent $125.7 million on federal lobbying during the same period.