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Letter to Supercommittee: End Taxpayer Subsidies to Big Oil to Reduce Deficit

Yesterday our friends at Oil Change International, along with 52 other groups, sent a letter to the members of the supercommittee demanding that the elimination of government handouts to the oil, coal and gas industries be a central part of the deficit reduction plan they are to present to the full Congress by November 23rd.

Romney and Wall Street: Friends with Benefits

Somehow this isn't very surprising. Bloomberg reports today on the contuing shift in financial support of Wall Street executives from President Obama to Republican presidential hopeful, and friend of the banks, Mitt Romney.

NEW REPORT: Wall Street and the Supercommittee: The $41 Million Question

Public Campaign, along with National People's Action, released a new report today: "Wall Street and the Supercommittee: The $41 Million Question." The report details the close ties from Wall Street and other financial industry interests to the supercommittee.

The Chronicles of Money, Politics, and the Supercommittee's "Dining" Options

Here's a recap of Public Campaign and Public Campaign Action Fund's (PCAF) work from September 19-September 23, 2011.

Surprising Findings on Defense Industry Campaign Cash to Supercommittee

Our friends at Brave New Foundation have teamed with Alternet and Salon to document how the Democrats on the "supercommittee" have actually received far more defense industry campaign cash than the Republicans serving on the committee.

Congress' Sugar Daddy

It seems that Big Oil isn't the only one reaping the benefits of taxpayer subsidies after showering Congress with campaign cash and employing scores of lobbyists on Capitol Hill. The Colorado Independent reports on how Big Sugar has been sweetening the pot for members of Congress for years, and getting what they want in return.

Rick Perry's Texas-sized Ties to Pharmaceutical Giant Not Going Unnoticed

As Public Campaign Action Fund noted yesterday, presidential hopeful Gov. Rick Perry's (R-Texas) ties to pharmaceutical giant Merck run a lot deeper than a $5,000 check, as he claimed in Monday's Tea Party debate. And it seems we weren't the only ones who noticed.

Many news outlets reported today on the flap over Perry and his deep financial ties to Merck, the HPV vaccine-maker:

Heeding the Call? A Good First Step

Q: Some watchdog groups have called for a moratorium on fundraising for the 12 lawmakers on the committee that will recommend the cuts, to keep the process free of special influence. What do you think about that?

A: "Personally, I've canceled a bunch of events."

Rick Perry's Texas-sized Favors for Big Donors

They say that everything is bigger in Texas. And in the case of presidential hopeful Gov. Rick Perry's (R) treatment of his big money donors, this certainly seems to be the case. From doling out state contracts to friends who write big campaign checks to the emergence of Perry Super PACs run by close former associates, there's no shortage of material on the plain-spoken Texan.

Here's a glimpse of Perry's record so far:

Rick Perry sure can fundraise. It might be easier when a large chunk of his campaign money comes from your own appointee's.

Pay What?

A study released today by the Institute for Policy Studies showed that 25 out of 100 of the top earning CEO's were actually paid more in compensation than their company's paid in federal taxes.