With President Obama’s signature on the bill to raise the debt ceiling, congressional leaders now have 14 days to select the lawmakers who will quickly become the most lobbied politicians in town: the “Super Congress” of twelve lawmakers, six Democrats and six Republicans from both chambers who will be charged with the task of finding $1.5 trillion in cuts or revenue to lower the deficit. Nobody knows yet who will take on this task, but it’s a sure bet that whoever it is will already be in debt themselves -- to the lobbyists and industries who fund their ...
Continue readingOpenSuperCongress: Debt Committee Must be Transparent
Sunlight is ramping up our effort to get the new “Super Congress” committee to be as transparent as they are... View Article
Continue readingWhile the Public is Shut Out, Former Members Lobby on Debt Ceiling with Abandon
Yesterday it was reported that a former Member of Congress, Ernest Istook, was seen on the House floor asking his... View Article
Continue readingSpecial interests lobby on the debt ceiling
As Congress and the White House continue to search for a mechanism to raise the debt ceiling (the Senate "gang of six" have offered a new plan to end the deadlock), some of the biggest spending-special interests in the country are weighing in on the issue, according to a search of new lobbying disclosure records that are being released today.
So far, at least 141 lobbying entities have cited the term "debt ceiling" in lobbying disclosure forms filed, a search of filings from the House and Senate websites show, compared to just three in the first quarter of the year ...
Influence Explored: Credit ratings agencies score the U.S. government, and lobby it, too
The ongoing negotiations in Congress over raising the U.S. debt ceiling have prompted Moody’s Corp, a bond rating agency, to... View Article
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