Supercommittee Cashing In?
Lobbyists have been swarming the Supercommittee, trying to keep the taxpayer's money flowing into their pockets. And it has been a gold mine for the Supercommittee members.
In just six weeks, nearly 200 companies and special interests have reported that they’re lobbying the 12-member supercommittee.
It’s a stunning ratio of lobbyists to lawmakers but makes sense when you consider the high stakes faced by interests ranging from the health care industry to Native American tribes. The groups fear the supercommittee will find $1.2 trillion in deficit reduction before Thanksgiving by cutting their funding or raising their taxes.
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