“GE Opens Its Books on Political Spending”


On Tuesday, General Electric announced it would become more transparent — starting this month — by disclosing any contributions it makes to so-called social welfare organizations. That’s a category of nonprofit groups that often sponsors campaign outreach and political attack ads. In addition, GE pledged to announce when it contributes any dues or payments of $50,000 or more to trade associations in a year. That’s down from its previous $100,000 trigger.


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