deficit reduction

Supercommittee Members Find Time for First Meeting in Between Fundraisers

The Joint Select Committee on Deficit Reduction, or "supercommittee," will meet today for the first time, beginning a three month process to reign in the nation's deficit. Considering the flurry of fundraisers some members of the committee are lining up, they better make the most of their time.

The Chronicles of Money, Politics, and the "Silly Criticism" That Isn't Silly At All

Here's a round-up of Public Campaign and Public Campaign Action Fund's work for the week of Aug 8-Aug 12, 2011.

Deficit Super Committee: Who Will They Look Out For?

Who will the deficit reduction “super committee” look out for, regular Americans, or their special interest campaign donors?

"12 really large checks"

"12 really large checks"

That’s how a lobbyist was quoted in a news story describing how he was preparing for the 12-member congressional deficit committee that will be charged with finding further ways to reduce the deficit.

End Big Oil Taxpayer Subsidies to Reign in Deficit!

"Cutting Medicare for low and middle-income seniors? On the table. Closing loopholes for profitable, multinational corporations? Not under discussion." Public Campaign Action Fund's David Donnelly and Oil Change International's Steve Kretzmann had an op-ed yesterday in The Hill calling for ending Big Oil taxpayer subsidies as a means to address the national deficit.

Horse-trading in Washington: Big Money Mitch Shows Us the Way

How do you turn a $15,000 wager into a $126 million tax break? Bet on Big Money Mitch!

As heated negotiations continue in the U.S. Senate over deficit reduction, last week Roll Call reported on an effort to eliminate a huge tax break, authored by Senate Minority Leader Mitch McConnell (R-Ky.), that many view as a "boondoggle" to a well-connected interest.