The bipartisan debt panel to nowhere is exactly where K Street lobbyists want it to be: hopelessly deadlocked. A November 23 deadline for agreement on $1.2 trillion in budget savings is looming, but no real reductions in the size, scope or spending of government are on the table. Instead, we are witnessing another obscene special-interest splurge to preserve the status quo. All in the name of "reform," of course.
The only thing "super" about the so-called budget control super committee is the size of lobbying muscle exerted on its members. Almost 100 registered lobbyists who are former employees of super committee members are now "representing defense companies, health-care conglomerates, Wall Street banks and others with a vested interest in the outcome of the panel's work," the Washington Post found in September. This includes two dozen former staffers to Democratic Sen. Max Baucus of Montana, including three former chiefs of staff.
On the other side of the revolving door, 10 out of the panel's 12 members have now raked in donations from foreign registered agents totaling more than $50,000 in direct campaign contributions during 2011 alone, according to government watchdogs. The additional amount raised through fundraisers held by these lobbying firms is unknown, according to the Project on Government Oversight. Moreover, all 12 super committee members have been contacted by foreign lobbyists, eager to secure targeted exemptions, loopholes and protectionism.
Super committee co-chair Patty Murray, who refused to step down from her fundraising duties as head of the Democratic Senatorial Campaign Committee, recently met with South Korean lobbyists employed by D.C. powerhouse firm Patton Boggs. Roll Call reported that while the panel's negotiations wouldn't have direct bearing on free-trade deals, Murray "could have access to information about how the timing of the debt deliberations could affect passage of the free-trade agreements."
Patty "Pork Chop" Murray's in-your-face embrace of influence peddlers has her populist Pacific Northwest constituents cringing. Mind you: Murray's office boasts no fewer than 17 revolving-door staffers turned lobbyists. That's on top of her DSCC fundraising conflicts of interest.