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.”