Friday, August 12, 2011

And here's something that isn't change at all. And I can believe in it.

Fundraisers Already Planned for "Super Committee" members.
Murray, also the head of the Democratic Senatorial Campaign Committee, is set to host a reception on Sept. 13—just days before the deadline for the committee to hold its first meeting.

A few weeks later, as the panel continues meeting, the compromise-seeking chair of the Senate Finance Committee Max Baucus has planned a fundraiser for his re-election. The event is hosted by the influential National Association of Realtors, a group that would fiercely fight any attempt by the powerful panel to cut the mortgage tax deduction, which was proposed by the Senate’s ‘Gang of Six,’ another recent group working on deficit reduction.

The NAR has spent over $10 million lobbying this year alone, the seventh highest sum among all organizations, according to the Center for Responsive Politics. The association is the fourth highest political giver at the federal level since 1989, according to the CRP.

The 12-member committee has an unusual amount of power. Tasked with finding $1.2 trillion in deficit cuts, the panel has until before Thanksgiving to vote on a plan. If they agree to one, it would get fast-tracked through Congress—without the usual obstruction of procedural rules.
Power=money. Money=power. Change you can believe in.

1 comment:

Matt said...

I find it humorouse, in a dry, black, ironic sense that it is called fudraising when politicians solicit for bribes.