Wall Street Donated $41 Million to Supercommittee Members

Monday 26 September 2011
by: Mike Ludwig, Truthout | Report

Wall Street has given $41 million in campaign contributions to the members of the Congressional "supercommittee"charged with finding $1.5 trillion worth of deficit reduction measures, according to a report released today by two watchdog groups. The finance, insurance and real estate sector spent $3.7 billion on lobbying and campaign contributions from 1999 to 2008, according to the report,and the 12 members of the bipartisan Joint Select Committee on Deficit Reduction have all reaped the benefits.
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