Top 10 Industry Donors to Congressional Deficit Panel Members

J.P. Morgan, Citigroup, Bank of America among contributors to 'Super Committee' charged with deficit reduction

President Obama speaking in the Rose Garden on Aug. 2, following the Senate's passing of the debt ceiling bill. (AP Photo/Susan Walsh) President Obama speaking in the Rose Garden on Aug. 2, following the Senate's passing of the debt ceiling bill. (AP Photo/Susan Walsh)

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MapLight, which tracks donations to politicians, released on Friday an analysis of campaign contributions to the 12 members of Congress appointed to the Joint Select Committee on Deficit Reduction. The list of contributors includes such heavy hitters as J.P. Morgan, Citigroup, Bank of America and Goldman Sachs.

The members of the so-called “Super Committee” are Sens. Pat Toomey (R-Pa.), Jon Kyl (R-Ariz.), Rob Portman (R-Ohio), Patty Murray (D-Wash.), John Kerry (D-Mass.), and Max Baucus (D-Mont.) and Reps. Jeb Hensarling (R-Texas), Fred Upton (R-Mich.), Dave Camp (R-Mich.), Chris Van Hollen (D-Md.), Xavier Becerra (D-Calif.), and Jim Clyburn (D-S.C.).

The Joint Select Committee on Deficit Reduction, which was part of the debt ceiling deal reached by President Barack Obama and Republican leaders, is charged with developing legislation that provides $1.5 trillion in deficit reduction by Thanksgiving. The bipartisan, bicameral committee comprises 12 members—six from each Chamber and equally divided between Democrats and Republicans.

Senate Majority Leader Harry Reid, D-Nev., who was first out of the gate in announcing his picks for the committee, said that the committee had been given “broad leeway” to examine all areas for deficit reduction, and that the committee’s legislation would be given “expedited consideration, with a guaranteed up-or-down vote in the Senate before Christmas.”

MapLight's site provides users with the ability to click on each member of the Joint Select Committee to see where each member's donations have come from.

Here is the composite donations list ("Securities and Investment" firms include brokerage firms of all kinds, investment banking firms, VC firms, and so on)

Top 10 Industry Contributors to Super Committee Members

Industry

Totals

Lawyers/Law Firms

$31,529,149

Securities & Investment        

$11,221,416

Democratic/Liberal

$9,647,264

Health Professionals

$9,321,588

Real Estate

$8,793,350

Education

$8,568,460

Misc. Business

$7,902,021

Business Services

$6,563,524

Women's Issues

$6,396,728

Insurance

$5,693,595

Top 10 Organization Contributors (PACs and Employees) to Super Committee Members

Organizations

Totals

Club for Growth

$1,008,884

Microsoft Corp.

$810,100

University of California       

$629,495

Goldman Sachs

$592,684

EMILY's List

$594,883

Citigroup Inc.

$561,081

JPMorgan Chase & Co.

$494,316

Bank of America

$349,566

Skadden, Arps

$347,356

General Electric

$340,935

Methodology: MapLight analysis of campaign contributions from Jan. 1, 2001 - Dec. 31, 2010 to the 12 members of the Joint Select Committee on Deficit Reduction. Campaign contributions and industry classifications established by the Center for Responsive Politics (OpenSecrets.org).

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