Congressmen Seek to Cash in on Debt Morass

Friday, 29 Jul 2011 10:31 AM

By Dan Weil

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Make hay while the sun shines, goes an old saying. But now Republican and Democratic congressmen are putting a twist on that: make hay while the clouds pour. Legislators are working to draw money to their own campaign coffers, those of their allies, and the coffers of like-minded interest groups with donations from people who agree with their stances in the debt/deficit debate, Politico reports.

The money seekers range from tea party-backed freshman Sen. Rand Paul of Kentucky to Rep. Martin Heinrich, D-N.M.

“No phony deals,” Paul wrote in a letter on behalf of the conservative Campaign for Liberty. “Deals are being cut or discussed nearly every day in Washington. Deals that will bring us more debt and economic destruction. Deals that abdicate congressional authority over spending and debt.”

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