The Canyoneers 11:30 a.m., May 27
Worker payroll deductions fuel Qualcomm's corporate PAC
While the battle rages on over the merits of California's Proposition 32, the so-called paycheck protection measure backed by La Jolla financier R.G. "Buzz" Woolley and other wealthy locals, one of the county's biggest and most powerful corporations is using biweekly payroll deductions to collect employee contributions for its federal political action committee, according to a disclosure statement posted online by the Federal Election Commission.
The Qualcomm Incorporated Political Action Committee, QPAC for short, raised $139,206 from the beginning of this year through the end of August, according to the September 19 filing. The PAC spent $78,030.
In addition to such big company wheels as president Steve Altman, who kicked in $3,269 via a "biweekly payroll deduction" of $192.30, employee donors included senior counsel David Arnold, who gave $340 in $20 withholding increments; information technology vice president Brian Baker, with $2288, at a biweekly rate of $134.62; and government affairs senior vice president William Bold, who came up with $1634 at $96.15 every other week.
Engineer Robert Isley gave $326 at the rate of $19.23 every other week; technology V.P. Ahmad Jalali contributed $980 at a $57.69 biweekly rate; and engineering chief Farrokh Khatibi gave $680 in $40 withholding increments.
Top California recipients include GOP Rep. Mary Bono of Palm Springs ($5,000); North County Republican congressman Darrell Issa ($3,500); and Democratic congresswoman and ex-House Speaker Nancy Pelosi ($3,500).
QPAC'S top two beneficiaries are both Republican, according to the OpenSecrets database: Oregon congressman Greg Walden, who got $6,500, and Utah conservative Sen. Orrin G. Hatch, who received $6,000.
Hatch, at 78, would be the Senate's most senior Republican if, as widely expected, he is re-elected in November.
More like this:
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- Fletcher may be a Democrat, but Qualcomm PAC still gives big to GOP — May 6, 2013
- New York hits Qualcomm with political money disclosure suit — Jan. 3, 2013
- Wealthy Donors Behind La Jolla Super PAC's "Independent" Campaign for Fletcher — June 26, 2012