As the so-called “Super Committee” works to figure out how to trim $1.2 trillion from the U.S. government’s federal deficit, the dirty energy industry has their lobbyists working overtime to make sure that their billions of dollars in annual subsidies aren’t among the items on the chopping block.
The Super Committee only has until Thanksgiving to submit their proposals to President Obama. And not being ones to miss an opportunity, members on the committee have scheduled dozens of personal fundraisers for their campaigns before that deadline hits. And many of the companies who fear that their subsidies could be cut will be in attendance. After all, the lobbyist blitz contains more than 180 former staffers of members of the Super Committee, so access is not an issue, and no introductions will be necessary.
The New York Times lays out the issue as follows:
Hundreds of lobbyists, including many former Congressional officials and frequent campaign contributors, are making their cases to the committee members.
Ethanol fuel producers, oil companies, corporate jet owners and many other businesses want the committee to guard their own special tax breaks.
“Everybody’s at risk,” said Howard Marlowe, president of the American League of Lobbyists, “and so everyone’s going to be out there lobbying.”
With the lobbying, of course, come valuable campaign contributions. Despite calls from watchdog groups to suspend their fund-raising, most committee members are continuing to raise money from many of the same industries affected by their work.