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Duke Economics Working Paper #02-31
Is Talk Cheap? Buying Congressional Testimony with Campaign Contributions
Ryan Gibbs, Omer Gokcekus,
and Edward Tower
Abstract
For the steel import quota bill of 1999, our answer to the question posed in the title is that each word in the Congressional Record costs $39 in campaign contributions from the steel industry. Consequently, our answer is "Yes."
Key Words: congressional testimony, campaign contributions, Congressional
Record
JEL: F13
Published in The Journal of Policy Reform, Vol. 5, No. 3, 2002, pp.
127-132.
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