The political action committees of Lockheed Martin, the National Association of Realtors, Pfizer and Chevron all reported making contributions to members of the Joint Select Committee on Deficit Reduction--better known as the super committee--in the roughly 20 days of August after House and Senate leadership appointed them to the panel.When you have corrupt government, you get an economy that looks like this:
PACs for 19 of the biggest political donors in the country, as determined by Center for Responsive Politics, have reported contributing more than $83,000 to 10 of the 12 members of the super committee or their leadership PACs, Federal Eelection Commission filings show. It's the first glimpse available of fundraising by super committee members as they wrestle with their mandate to recommend at least $1.2 trillion in cuts to the debt, increased revenues, or a combination of both.
Most members of the super committee have continued to hold fundraising events while it considers various proposals that could affect corporate and individual income tax rates, defense, healthcare and other spending. Check our sister site, Party Time, for the latest updates.
The committee had its first public meeting on Sept. 8, 2011.