Posted by: audreybenenati | April 26, 2010

PepsiCo Spent $3.6 Million Lobbying Gov’t in 1Q


By THE ASSOCIATED PRESS
Published: April 26, 2010, Filed at 9:24 a.m. ET

WASHINGTON (AP) — PepsiCo Inc. spent $3.6 million in the first quarter to lobby the government on taxes on sugar-sweetened beverages, childhood obesity and other matters, according to a recent disclosure report.

That’s well above the $400,000 it spent in the year-ago period but less than the $5 million that the company spent in the fourth quarter of 2009. Some state lawmakers have proposed taxing sugary beverages as a way to raise money and reduce obesity, which is linked to costly health problems such as diabetes.

Read the rest at http://www.nytimes.com/aponline/2010/04/26/business/AP-US-PepsiCo-Lobbying.html?_r=1&src=busln

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