Companies that earn billions from Pentagon contracts and lobby for billions more, universities that receive billions in research funding and financial firms that oppose new taxes and support old tax breaks for their industry figure in the top career donors to the three Senate Democrats on the super committee.
As we noted in our previous post on the three House Republicans on the super committee, the dozen members of the super committee--formally known as the Joint Select Committee on Debt Reduction--all have private interests backing them who are far more concerned with their own bottom lines than they are with ...Continue reading
Members of the Joint Committee on Debt Reduction--the better known as the super committee--bring a host of priorities, policy positions and potential political posturing to the table. Sen. John Kerry, D-Mass., labeled Standard & Poors' revision of the U.S. credit the "Tea Party downgrade," while Rep. Jeb Hensarling, R-Texas, took to the floor of the House to argue against raising the debt ceiling. But beyond their public pronouncements are private interests--longtime supporters of each member of the super committee--who are far more concerned with their own bottom lines than they are with scoring political points.
Lobbying disclosures for large organizations ...Continue reading
Just a reminder: the issue of transparency for the Super Committee isn’t going away. It’s been three weeks since the... View ArticleContinue reading
Congressional leaders have appointed members to the “Super Committee” — 12 lawmakers assigned the power and responsibility of cutting $1.5... View ArticleContinue reading
House Minority Leader Nancy Pelosi has tapped three close allies who are on powerful House committees to serve on the Joint Special Committee to find new ways of cutting the budget to roll back the national deficit. Her picks are: Reps, Chris Van Hollen from Maryland, James Clyburn from South Carolina, and Xavier Bacerra from California.
Both Van Hollen and Clyburn also served on Vice President Joe Biden’s deficit reduction committee earlier this year.
Xavier Becerra, who serves on the powerful Ways and Means Committee, is ranking member of the subcommittee on social security—a flash point for debt ...Continue reading
Senate Minority Leader Mitch McConnell's, R-Ky., picked Sens. Jon Kyl of Arizona, Pat Toomey of Pennsylvania and Rob Portman of Ohio to the special joint committee, or "super committee," today that will be charged with finding $1.2 trillion in budget cuts and or revenue raisers.
Jon Kyl, chair of the National Republican Senatorial Committee and member of the Senate Finance Committee, has deep ties to the financial industry. Kyl made headlines last spring when he announced he wouldn't run for reelection, and this final task of slashing the government's budget deficit by at least $1 trillion ...
House Speaker John Boehner, R-Ohio, just announced his picks to the special joint committee tasked to find at least $1.2 trillion to trim from the federal budget. They are: Reps. Jeb Hensarling from Texas and Dave Camp and Fred Upton, both from Michigan.
Jeb Hensarling, the hardline conservative, known around the Hill as the budget nanny, is a member of the House Republican leadership team, serving as chairman of the House Republican Conference. He's vice chair of the House Financial Services Committee, where he's vocal about trimming excessive spending and creating a balanced budget, and served on ...Continue reading
Politico is reporting that Senate Majority Leader Harry Reid, D-Nev., plans to nominate Sen. Patty Murray, D-Wash., as the co-chair to the special joint committee convened to propose reductions in the debt, and Sens. Max Baucus, D-Mont., and John Kerry, D-Mass., as his other picks. The announcement of picks to what has been dubbed the super committee will be formally announced on Wednesday.
All three have substantial ties to beltway influencers and special interests.
Sen. Patty Murray serves on the all-powerful Appropriations Committee and is chair of the Transportation Subcommittee within Appropriations. Over the two decades she has served in ...Continue reading
It’s time to think big: The Super Congress situation is developing at an incredibly fast rate and we want to... View ArticleContinue reading
Creation of the “super committee” has been met with mixed reactions in Congress. While several members have called for its immediate repeal, others have balked at the idea of serving on it. Sen. Mark Warner, D-Va., however, has said he would “love” to serve on the bicameral, bipartisan committee charged with addressing the country's debt problems.
Warner, former governor of Virginia, was elected to the U.S. Senate in 2008, and during the short time in the upper chamber has demonstrated an impressive fundraising ability. In all, he has brought in more than $27 million, of which more than ...