INSTITUTE INDEX: Super Congress and the Super Lobby
Number of lawmakers on the Joint Select Committee on Deficit Reduction -- also known as the "Supercommittee" or "Super Congress" -- assigned to find ways to reduce the budget deficit: 12
Amount by which the Super Congress, evenly divided between Democrats and Republicans, is charged with reducing budget deficits over the next decade: $1.5 trillion
Number of other joint committees in U.S. history that had so much power, which includes the ability to write and report legislation: 1*
Amount of special-interest money that has flowed to Super Congress members over the past decade, according to an analysis by Maplight: $64.6 million
Rank of the Club for Growth, a fiscal-conservative PAC that advocates lower taxes and less government spending, among the top organizational contributors to Super Congress members: 1
Amount that it has donated to them: $990,066
Number of banks and other financial organizations among the top 10 organizational donors to Super Congress members: 4**
Total amount they have donated: $1,997,647
Amount donated to Super Congress members by Skadden, Arps, et al., which has been called "Wall Street's most powerful law firm": $347,356
Total amount donated to Super Congress members by the securities and investment industry, which was second only to lawyers and law firms: $11,221,416
Factor by which Democratic members received more special-interest PAC money than Republicans: 2
Amount the Democratic members received from oil interests during the 2010 election cycle: $71,700
Amount the Republican members received from those same interests: $791,474
Date on which Sen. David Vitter (R-La.) introduced the Super Committee Sunshine Act, which would require the panel members to disclose political contributions of $1,000 or more within 48 hours of their receipt: 8/2/2011
Date on which Vitter's bill was referred to committee, where it still resides: 8/2/2011
Date by which Super Congress must deliver an agreement to stave off automatic cuts, which would be evenly divided between domestic and defense programs: 11/23/2011
* The Joint Committee on Atomic Energy, from 1946 to 1977.
** Goldman Sachs, Citigroup, JPMorgan Chase, Bank of America
(Click on figure to go to source.)
Tags
Sue Sturgis
Sue is the former editorial director of Facing South and the Institute for Southern Studies.