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Stock impact report

The questionable way lawmakers get taxpayers to fund borderline-political ads [Business Insider]

OUTFRONT Media Inc. (OUT) 
Last outfront media inc. earnings: 2/25 04:03 pm Check Earnings Report
Thanedar says it's to help constituents know their congressman. But he's also facing a primary. If you're driving down a highway in the Detroit metro area, you're likely to come across at least one of them: a shiny billboard featuring Democratic Rep. Shri Thanedar's smiling face. "REACH CONGRESSMAN SHRI 24/7," the tower advertisement typically blares alongside a link to Thanedar's official House website. But while the billboards are likely to boost Thanedar's profile and name recognition as he faces a competitive primary in Michigan's 13th congressional district, they're not paid for by his campaign. They're paid for with tens of thousands of dollars in taxpayer funds designated for Thanedar's office budget. It's unclear exactly how much of his office budget is going toward billboards. The congressman did not provide an exact figure to Business Insider, and records filed with the House of Representatives covering 2023 aren't entirely clear. But those records show that Tha Show less Read more
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