Articles About Finance And Refinancing

Stop Parking Domain Names
Develop Your Domain Names

Congress Cuts Down On Interest-Group-Funded Travel

Washington, DC (PRWEB) February 21, 2008 - Members of Congress and their staff accepted barely one-quarter as many trips from private interest groups last year as they did only two years before, according to LegiStorm (http://www.legistorm.com/trip.html), a web company that provides information about Congress.

Congressional travelers filed reports of 1,320 trips costing $3.73 million that they took courtesy of private interest groups in 2007, down dramatically from the peaks in trip number and cost. In 2004 4,684 trips costing $10.21 million were taken, and in 2005 4,797 privately funded trips cost $9.77 million. The number of trips reported continued its decline even from the 2006 total of 1,848 trips, although the total spent increased from $3.56 million thanks to more-expensive foreign journeys.

The decline in privately financed travel comes as scrutiny has increased and ethics rules have tightened since the scandal involving lobbyist Jack Abramoff blossomed in 2005.

"Not only have congressional trips decreased but the character of those trips has changed dramatically as well over the past two years," said Jock Friedly, a former congressional investigative reporter who is president and founder of LegiStorm. "Increasingly, this travel is sponsored not by well-heeled interest groups with narrow public policy interests but by universities, foundations and think tanks which have broader educational missions. While travel paid by private companies and interests has by no means disappeared, it is far less conspicuous now."

Privately financed congressional travel has been a topic of concern for government watchdogs in recent years because of the extraordinary opportunity that trips offer for private interests to sway public policy.

"It is fascinating to see how greater public scrutiny of these trips appears to have virtually shut down some of the more patently absurd trips," Friedly said. "In the past, we saw such things as cruise ship inspections paid by cruise companies and visits to European capitals to investigate airport baggage security systems. But you can't really find much of that in 2007. It is proof that transparency can modify behavior."

Some of the biggest corporate trip sponsors of the past few years appeared to suspend sponsorship of congressional trips altogether in 2007. Since 2000, Microsoft Corp. (http://www.legistorm.com/trip/sponsor/4840/Microsoft_Corp_.html) has sponsored more than 250 trips to educate members and staffers about relevant issues like piracy and antitrust laws, or even to celebrate the launch of the Xbox video game system. Yet the Seattle-based company sponsored not a single trip last year.

Likewise, the Nuclear Energy Institute (http://www.legistorm.com/trip/sponsor/5665/Nuclear_Energy_Institute.html) has ferried hundreds of congressional aides in recent years to Las Vegas, Nev. where they could take in shows and gamble while learning about the importance of the proposed Yucca Mountain waste repository to the nuclear industry. None of those trips occurred in 2007.

Lavishly financed excursions to Taiwan sponsored by an industry group, with major government involvement, had been among the most popular trips taken by congressional staff, with scores of staffers making the trip each year. Last year, there were no trips reported by this industry group and only two total to Taiwan.

The pro-Israel lobby proved its enduring clout as Israel remained a favored travel destination. More than 1 in 5 dollars spent on congressional travel in 2007, or 22%, was to that country, with most of the money coming from the American Israel Education Foundation (http://www.legistorm.com/trip/sponsor/4922/American_Israel_Education_Foundation.html). In all, $831,331 was spent on 75 separate Israel trips. Germany and China were also top foreign destinations, although the funding was from more diverse sources.

In 2007, the bulk of the congressional trip funding was for more-expensive visits to foreign countries. While foreign countries were the destination in only 423 of 1320 trips, or 32%, these trips cost $2.78 million of the $3.73 million total, or 75%

The busiest month by far was August, when Congress recesses and members and staffers have time for extended foreign trips. Some $1.26 million, or more than one-third of the total for the year, was spent on travel that month.

LegiStorm maintains a comprehensive database of more than 27,000 privately financed congressional trips based on the disclosures required of members of Congress and their staff by the House and Senate ethics committees. LegiStorm.com makes all trips, including images of the actual documents filed, freely available to all users.

Members and staffers have 30 days to file their trip reports so all 2007 records are now supposed to be complete, although in the past a few straggling filers have sometimes taken months or years to submit their paperwork, if they file it at all.

LegiStorm, founded in September 2006, maintains the only database of congressional staff salaries (http://www.legistorm.com/salaries.html). The site features numerous other resources, such as personal financial disclosures of members of Congress, political headlines and cartoons, House and Senate floor and committee schedules, and reports from the Congressional Budget Office, the Government Accountability Office, and the White House.

LegiStorm is a sister company to Storming Media, a provider of Pentagon documents (http://www.stormingmedia.us), and PatentStorm, a provider of U.S. patent information (http://www.patentstorm.us).

###

This press release has been reprinted from PRWEB per the terms and conditions of the copyright notice.

How To Make Money With Expired Domain Names

Other Article Sites

findabook.com  moneycd.info  a-mortgage.info   about-lemon-laws.info  aboutstudentloans.info
all-about-publishing.info  auctions-articles.info  bestcollege-university.com  bestispconnection.com
biblefolder.com  blogger-website.com  books-used.info  brokers-guide.info  buywindows.info  cable-dsl.info
career-miner.com  carpel-tunnel.info  cashinaflash.info  cashloanreviews.info  casinobell.com  chat-house.info
clearmycredit.info  collegeloantips.info  crones.info  depression-articles.info   dirnic.net  dishguides.info
divers-below.com  expodog.info   financewizz.com  fire-insurance.info  getgood.info  handleit.net   it-idea.info
health-supplies.info  hosting-right.com  insidealert.com  insurance-facts.info  jobs-employment.info
justgood.info  lookgold.net   lowcost-travel.info  money-source.info  myhostzone.info  numisblog.com
peoplesearchfinder.info  pr-articles.info  realeas.com   refinancing-guides.info  spyware-remove.info
telelot.info  the-law.info   toppaid.info  travel-deals.info  travelcorrect.com  wedding-guide-site.com
your-blog.info  your-credit.info

MORE ARTICLES:


Types of Mortgage Loans with the Lowest Interest Rate
When you're shopping and comparing for a mortgage loan there can be a lot of discrepancies between what lenders offer. Some may offer lower rates with strings attached, others can offer the same terms but with a much higher rate. Shopping around, comparing and negotiating are key skills in getting the type of mortgage loan with the lowest interest rate.

Refinancing Mortgage: Low Payment And Low Interest Rates
Those seeking a financial alternatives are often caught thinking that low payment refer to low interest rates. They should be aware that low interest rates vastly differ from low payment. With this in mind, they can veer away from dubious loan agents who will rush them to a new mortgage with high interest rates and add-on fees.

Auto Loans Low Interest Bad Credit: Car Loan without Credit Problem
Owning a car is apart from necessity enhances your status in the society as well. Driven by the urge due to either of the two reasons, you may wish to own a swanky car but are restrained by financial constraints. Going for loans is a good option but if you are a bad credit holder than a fear psychosis of exorbitant rates or being discriminated may check your advances for the quest of normal loans. This myth is now unshackling as bad creditors like you can approach for bad credit auto loans available at low interest rate. These loans are especially fabricated for people having CCJ?s, arrears, any default payment or due payments. Some facts and figure The lender is more interested in your current repaying capacity rather than seeing the ...

Secured Loans: High Amount at Low Interest Rates
People avail secured loans for various reasons. Secured loans are loans that need collateral to be pledged. The collateral can be your house, property or any high value possession. There are various advantages of a secured loan which are discussed below:

Low Rate Home Equity Loans - Refinancing For A Shorter Term And Better Rate
Looking for a better rate is a common reason people choose to refinance their home equity loan. But did you know that shortening your loan term can save you more money than reducing rates? Combine the two and you will save yourself thousands in interest costs and trim years off your payment schedule.

Student Loan Financial Group Announces Interest Rates on Variable-rate Loans Increasing July 1st
Student can take advantage of the lower rate if they apply before June 30th.

A Low Interest Debt Consolidation Loan When Your Credit Card Interest Is Too High
You just didn't realize you were digging a hole for yourself. You were paying bills and buying ordinary things. Can you even remember when you did anything truly luxurious? Yet, your credit card spending still got away from you and if someone asked you, you doubt you could explain it. In fact, it would be hard to explain anything with the current level of fog in your brain; you wonder, should you ask a doctor for anti-depressants? Somehow, everything is harder; it feels as of you are walking through invisible treacle and there is no-one to rescue you. There is an answer and you don't need a rescuer. What you do need is a low interest debt consolidation loan.

Know The Interest Rates When Financing A Loan
It has become quite common for people to finance an auto loan when purchasing an automobile these days. When it comes to buying an automobile, not many people could actually afford to pay the car with cash upfront. Because of this, some would rather choose to take out loans for a huge array of high priced essentials. Similarly, there are other loans that fall into the same category including home mortgage loans and school/college loans. Finding the best lending company or institution is something that need to be done and it is not often easy. There are many factors that need to be considered when borrowing a loan and one of the most important factors is the finance rates on the interest of the loan.

Low Home Mortgage Interest Rate - Finding the Best Mortgage Rate
Interest rates are at an all time low, making now the perfect time to purchase a new home or refinance your existing mortgage. The interest rate you receive will depend largely on your credit rating, monthly debt, and your income.

Get Personal Loan, Home Loan, Car Loan after Bankruptcy at Low Rate of Interest
Do you feel your chances of getting approved for a loan after filing bankruptcy is bleak. Wait for a while, bankruptcy loan can help you even after filing for bankruptcy, getting approved for funds after a bankruptcy is not that daunting as you think.

Credit Heaven Announces their Rate Busters Program to Slash Interest Rates for High Interest Loans and Credit Cards
The Rate Busters program is designed to achieve affordable and sustainable payments for borrowers by negotiating lower interest rates or periods of no interest on existing credit card, auto loans and mortgages. This in turn will maximize consumers' ability to reduce monthly payments, reduce debt, maintain or improve consumers' credit as well as reduce creditor's bad debt.

Mortgage Loans, Construction Loans, Refinancing Mortgage Rate
TheLoansStore.com was created with the interests of the consumer in mind. If you have ever wondered if owning your own home or refinancing your current home would be possible, dont wonder anymore. From new Construction Loans to Mortgages Loans, Bad Credit Home Loans and Refinancing Mortgage Rate. Whether you have great credit, marginal or bad credit, theLoansStore.com can help. We know one size never fits all borrowers.

High Interest Rates Mean Mortgage Refinancing According to GuideToLenders.com
Professional master of business administration (MBA) role models such as Kathy Giusti and Rich Fairbank provide mentorship and advice online through education sites like MBA-Business-Schools.com. Future and current MBA students can prosper from the wisdom of successful business professionals and boost their careers through invaluable learning tools and resources.

Importance Of Interest Rate On Refinance Loans
The interest rate is an issue that should never be bypassed when it comes to refinance home loans. Its importance is crucial as it will determine whether you benefit from refinancing or not. Though other loan terms like loan length, loan amount, and other less important clauses should also be considered, the interest rate should be your main concern.

Interest Rate On Refinance Home Loans Explained
The interest rate issue is the main problem when one wants to refinance a home loan. This is because the costs associated with home loans are high and thus, a single point raise on the interest rate can cost thousands of dollars. There are different reasons why one may want to refinance but the interest rate is always an important variable.

Develop Your Domain Names | Site Map | Home

Privacy Policy | Copyright/Trademark Notification