Debt Crisis=Cha-ching!

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If there's one thing that Congress is good at, it's finding new ways to rake in campaign contributions. Politico reported today on how many members of Congress of both parties are using the debt limit crisis as a tool to raise campaign cash.

From the Politico piece: "As Washington and Wall Street scramble to avoid default, a credit downgrade and economic chaos, lawmakers and interest groups — everyone from fiscal conservatives like Rand Paul to House Democrats like Martin Heinrich and party committees — have tried to capitalize on the debt crisis to fill their campaign coffers and help their like-minded allies."

Shortly after President Obama's inauguration in 2009 (in the midst of the economic calamity), former White House Chief of Staff, Rahm Emanuel, famously quipped "you don't let a good crisis go to waste." And in this case, Congress is heeding that call. While the debt ceiling debate rages on, members of Congress are using the issue to not only lob partisan bombs at the other side, but also as a way to fill the campaign coffers.

With the clock ticking on possible default, and uncertainty for the economy weighing on everyone's mind, Congress remains focused on doing what they do best--raising campaign money at the expense of solving problems.