"June 1, 2004 - One billion dollars was spent by organizations lobbying the federal government in the last half of 2003 and the AARP led the way in setting this new record, according to records released today by PoliticalMoneyLine.com.
"The biggest jump was caused by AARP that reported spending $16.38 million, up from $4.5 million spent in the first half of 2003. AARP was lobbying heavily on the prescription drug plan. The Federal Home Loan Mortgage Corp (Freddie MAC) reported spending $9.96 million, up from $5.92 million spent in the first half of 2003. Freddie Mac was lobbying on further regulation and structure of itself and its industry."