The Club for Growth, which advocates making permanent some tax cuts and eliminating entirely others that, over just two years, would amount to more than $765 billion in lost revenues over two years, is a top donor to two of the three Republican Senators on the Joint Select Committee on Debt Reduction--the super committee. Other top donors include a hedge fund run by a top Republican donor that invests in, among other things, defaulted debt of sovereign nations, corporations trying to shield income earned overseas from U.S. taxes, and utility firms seeking to avoid regulation of greenhouse gases.

As ...