BIPAC explained
| BIPAC |
| Homepage: | bipac.org |
| Location: | Washington D.C. |
| Key People: | Timothy Riordan (President & CEO) |
| Area Served: | United States |
| Focus: | Business in politics |
| Founded Date: | 1963 |
BIPAC (Business-Industry Political Action Committee) is a political organization that was founded in 1963,[1] with the stated goal of electing "business-friendly" candidates. It was one of the first political action committees in America.
It primarily but not endorses Republican candidates, but also endorses some Democratic candidates.[2]
History
BIPAC was founded in 1963 as “a political action arm for American business and industry”.[3]
In August 1963, members of the business community provided seed funding to establish BIPAC with the goal of electing "business-friendly" candidates.[4] The group is not officially affiliated with either political party.[4] [5] [6] [7] [8]
Operations
Several distinct legal entities operate within the framework of BIPAC:
- The Business Institute for Political Analysis is the operations and administrative core of BIPAC. The Institute is a membership organization that does not lobby Congress on issues.[9]
- The Action Fund is the non-connected political action committee of BIPAC, as recognized by the Federal Election Commission. Contributions to the Action Fund can come from individuals and other PACs, but not from corporations.
- BIPAC's Prosperity Project (P2) promotes pro-business politicians to their employees. BIPAC's affiliated state deployment partners (those who officially host the Prosperity Project grassroots initiative in each state) include state Chambers of Commerce.[10]
- The Friends of Adam Smith was established in November 2000 by the Board of Directors of BIPAC along with many of its members. It is charged to research and promote the link between politics, public policy, and economic freedom.[11]
Initiatives
Employees Vote is a get out the vote initiative to encourage private-sector U.S. employees to vote. Employees Vote provides businesses and trade groups.[12]
References
- https://www.bipac.org/about-us/ "BIPAC.org - Who Are We"
- Web site: 2024 Endorsements.
- http://blogs.hbr.org/2012/11/study-employees-want-employers/ "Harvard Business Review - Study: Employees Want Employers to Talk Politics" November 2, 2012
- https://books.google.com/books?id=-1cfAJVCyxsC Political brokers: money, organizations, power, and people by Judith G Smith, publisher Liveright, New York, 1972.
- https://www.washingtonpost.com/wp-srv/politics/campaigns/keyraces98/stories/key061198.htm "GOP Angers Big Business on Key Issues" (June 21, 1998) Washington Post
- https://www.washingtonpost.com/wp-srv/politics/campaigns/keyraces98/stories/keybiz070898.htm "Business, GOP Chiefs Reconcile on Agenda" (July 8, 1998) Washington Post
- http://www.levick.com/index.php?action=show_item&item_id=26&type_name=newsletter&id=995 Business Communications in a Post-Partisan Era
- http://www.bipac.net/page.asp?chk=jClXnU&content=news-release-100810&g=BIPAC_PUBLIC List of BIPAC's Candidate endorsements for 2010
- http://www.sourcewatch.org/index.php?title=Business_Industry_Political_Action_Committee Source Watch page on BIPAC
- Web site: "Business Lobby: We Will Outgun Unions By 2010" . 2010-10-22 . https://web.archive.org/web/20101121134553/http://undertheinfluence.nationaljournal.com/2009/02/business-lobby-sets-ambitious.php . 2010-11-21 . dead .
- http://friendsofadamsmith.org "Friends of Adam Smith Foundation"
- https://web.archive.org/web/20140523232556/http://www.businessweek.com/news/2014-05-20/businesses-become-voter-turnout-machines-to-stomp-tea-party-wins "Bloomberg Businessweek, "Businesses Turn Out Workers’ Votes to Stomp Tea Party"
External links
