Public Goals, Private Interests in Debt Campaign

This article in the New York Times by Nicholas Confessore January 9, 2013 points out the private interests behind “Fix the Debt” and other groups trying to cut Social Security and Medicare. They want to hurt the many in order to benefit the few. Here is a quote from the article.

“But in the weeks ahead, many of the campaign’s members will be juggling their private interests with their public goals: they are also lobbyists, board members or executives for corporations that have worked aggressively to shape the contours of federal spending and taxes, including many of the tax breaks that would be at the heart of any broad overhaul. While Fix the Debt criticized the recent fiscal deal between Mr. Obama and lawmakers, saying it did not do enough to cut spending or close tax loopholes, companies and industries linked to the organization emerged with significant victories on taxes and other policies.”

Leave a Reply

Your email address will not be published. Required fields are marked *