View source for Fix the Debt Leaders and Conflicts of Interest

__NOTOC__
{{Show badges|FTD}}The [[Portal:Fix the Debt|Campaign to Fix the Debt]] is the latest incarnation of a decades-long effort by former Nixon man turned Wall Street billionaire [[Pete Peterson]] to slash earned benefit programs such as [[Social Security]] and [[Medicare]] under the guise of fixing the nation's "debt problem." Fix the Debt biographies posted on the organization's website fail to reveal that their core leadership team is riddled with conflicts of interest. Public Accountability Initiative (PAI) examined federal lobbying records and found at least 13 steering committee members with financial ties to firms that lobby on deficit-related matters that are not disclosed in their Fix the Debt bios. These firms lobby to preserve dozens of costly tax breaks (including the “carried interest” tax loophole that made Pete Peterson a rich man) or to hold off new taxes, such as the “Robin Hood Tax,” a proposed financial speculation tax that could raise as much as a $1 trillion over 10 years.

The image and wiki table below detail the corporate ties and conflicts of interest by Fix the Debt leaders. Footnotes for each item are available in the wiki chart at the bottom. 

These tables are part of the Center for Media and Democracy's investigation of this astroturf supergroup and related groups. '''Please visit our main SourceWatch page on [[Fix the Debt]], the article on [[Fix the Debt's Leadership]], and the [[Pete Peterson]] page for more.'''

{{about_FTD}}

==Chart==

[[Image:ConflictsofInterest.png|center|1000px]]

'''For more information, [[#Table|see the table below]].'''

==Table==

{| class="wikitable"
|-
!Fix the Debt Leader
!Description at FixTheDebt.org
!Current Ties to Corporations Lobbying Around the Budget
|-
|'''Maya MacGuineas''' (Steering Committee)
|President of Committee for a Responsible Federal Budget, Director of Fiscal Policy Program at the New America Foundation
|'''Goldman Sachs.''' MacGuineas' husband, Robin Brooks, is managing director and currency trading analyst there, and has co-authored memos on the implications of the fiscal cliff for currency speculators.<ref>Goldman Sachs, [http://210.51.45.16/JJFUND/yan/file/2012-11-15/%E7%BE%8E%E5%9B%BD%E9%AB%98%E7%9B%9BLowVolatilityIdiosyncraticFXMovesandtheFiscalCliff000000C11090U2.pdf "Low Volatility, Idiosyncratic FX Moves and the Fiscal Cliff"], ''The Global FX Monthly Analyst'', November 9, 2012.</ref> Goldman lobbied around "fiscal cliff negotiations"<ref>United States Senate, [http://soprweb.senate.gov/index.cfm?event=getFilingDetails&filingID=20765ec1-3a02-4641-a936-e58248261d9c&filingTypeID=78 Lobbying Report], Senate Lobbying Database, 4th quarter, 2012.</ref> and "tax issues during the last quarter of 2012."<ref>United States Senate, [http://soprweb.senate.gov/index.cfm?event=getFilingDetails&filingID=20765ec1-3a02-4641-a936-e58248261d9c&filingTypeID=78 Nixon Peabody LLP Senate Lobbying Report], Senate Lobbying Database, 4th quarter, 2012.</ref> Goldman is also a member of Managed Funds Association, which is lobbying against the financial speculation tax;<ref>United States Senate, [http://soprweb.senate.gov/index.cfm?event=getFilingDetails&filingID=5e19ee69-e78c-41f0-a760-cb7c0e1dda9d&filingTypeID=78 American Bankers Association Senate Lobbying Report], Senate Lobbying Database, 4th quarter, 2012.</ref><ref>United States Senate, [http://soprweb.senate.gov/index.cfm?event=getFilingDetails&filingID=812661b8-0222-4cfb-a90f-a6b5638c018d&filingTypeID=78 Managed Funds Association Senate Lobbying Report], Senate Lobbying Database, 4th quarter, 2012.</ref> CEO Lloyd Blankfein is a member of Fix the Debt's CEO Council and has called for cuts to Social Security as part of any deficit reduction solution.<ref>Scott Pelley, [http://www.cbsnews.com/8301-18563_162-57552173/goldman-sachs-ceo-entitlements-must-be-contained/ "Goldman Sachs CEO: Entitlements must be contained"], ''CBS Evening News'', November 19, 2012.</ref>
|-
|rowspan="7"|'''Erskine Bowles''' (Co-Founder)
|rowspan="7"|Co-Founder of Fix the Debt; co-chair of the National Commission on Fiscal Responsibility and Reform; former UNC president; former Clinton administration official
|-
|'''Morgan Stanley.''' Bowles is a board member, earning $345,000 last year.<ref>Securities and Exchange Commission, [http://www.sec.gov/Archives/edgar/data/895421/000119312512151028/d303252ddef14a.htm "Morgan Stanley Schedule 14A"], SEC filing, April 2012.</ref> In the last quarter of 2012, Morgan Stanley lobbied around bank and financial product taxes, international tax rules, and energy tax legislation.<ref>United States Senate, [http://soprweb.senate.gov/index.cfm?event=getFilingDetails&filingID=f55b93f0-0526-4c37-b6f5-ee52fda7b048&filingTypeID=78 Morgan Stanley Senate Lobbying Report], Senate Lobbying Database, 4th quarter, 2012.</ref> It is also member of Managed Funds Association, which is lobbying against the financial speculation tax.<ref>United States Senate, [http://soprweb.senate.gov/index.cfm?event=getFilingDetails&filingID=162BAFA6-FDE6-4302-A813-A1F17C2850BA Senate Lobbying Report], Senate Lobbying Database, broken link.</ref>
|-
|'''Facebook.''' Bowles is a board member, earning $618,067 last year.<ref>Securities and Exchange Commission, [http://www.sec.gov/Archives/edgar/data/1326801/000119312512235588/d287954ds1a.htm Facebook, Inc. Form S-1], SEC filing, May, 2012.</ref> Facebook lobbied around the "effect of corporate tax deduction proposals on the tech sector."<ref>United States Senate, [http://soprweb.senate.gov/index.cfm?event=getFilingDetails&filingID=EFBF4D88-7AF2-4BCA-8BAA-EBBFDF443DF8&filingTypeID=78 Facebook, Inc. Senate Lobbying Report], Senate Lobbying Database, 2nd quarter, 2012.</ref>
|-
|'''Norfolk Southern.''' Bowles is a board member, earning $285,840 last year.<ref>Securities and Exchange Commission, [http://www.sec.gov/Archives/edgar/data/702165/000119312512125217/0001193125-12-125217-index.htm "Norfolk Souther Corp Form DEF 14A], SEC filing, March 21, 2012.</ref> Norfolk Southern lobbied around corporate tax issues in the fourth quarter of 2012; its lobbying filing states "Supports reduction in the corporate tax rate."<ref>United States Senate, [http://soprweb.senate.gov/index.cfm?event=getFilingDetails&filingID=de9d0832-fd8c-4726-832b-26297c10381a&filingTypeID=78 Norfolk Southern Corporation Lobbying Report], Senate Lobbying Database, 4th quarter, 2012.</ref>
|-
|'''JPMorgan Chase.''' Bowles' wife, Crandall Close Bowles, is a board member and made $258,750 in that position last year.<ref>Securities and Exchange Commission, [http://www.sec.gov/Archives/edgar/data/19617/000001961712000185/jpmc2012proxystatement.htm JPMorgan Chase & Co Schedule 14A], SEC filing, April 2012.</ref> JPMorgan has lobbied on "tax reform issues" and "bank tax legislation" in the fourth quarter of 2012.<ref>United States Senate, [http://soprweb.senate.gov/index.cfm?event=getFilingDetails&filingID=a0c17c88-aef4-4d75-bc0a-203a61825444&filingTypeID=78 K&L Gates LLP Senate Lobbying Report], Senate Lobbying Database, 4th quarter, 2012.
</ref> It is also member of the Managed Funds Association and the American Bankers Association, which are lobbying against the financial speculation tax.<ref>United States Senate, [http://soprweb.senate.gov/index.cfm?event=getFilingDetails&filingID=5e19ee69-e78c-41f0-a760-cb7c0e1dda9d&filingTypeID=78 American Bankers Association Senate Lobbying Report], Senate Lobbying Database, 4th quarter, 2012.</ref><ref>United States Senate, [http://soprweb.senate.gov/index.cfm?event=getFilingDetails&filingID=812661b8-0222-4cfb-a90f-a6b5638c018d&filingTypeID=78 Managed Funds Association Senate Lobbying Report], Senate Lobbying Database, 4th quarter, 2012.</ref>
|-
|'''Sara Lee.''' Bowles' wife, Crandall Close Bowles, is a board member and earned $252,273 in the position last year.<ref>Securities and Exchange Commission, [http://www.sec.gov/Archives/edgar/data/23666/000119312512392632/d381147ddef14a.htm The Hillshire Brands Company Schedule 14A], SEC filing, 2012.</ref> Sara Lee has recently lobbied around SNAP policies.<ref>United States Senate,[http://soprweb.senate.gov/index.cfm?event=getFilingDetails&filingID=96D0C2C1-E41D-421F-9C5F-BBA02B78B74D&filingTypeID=78 Hillshire Brands Corporation Senate Lobbying Report], Senate Lobbying Database, 3rd quarter, 2012.</ref>
|-
|'''Deere & Co.''' Bowles' wife is a board member, earning $209,915 last year. <ref>Securities and Exchange Commission, [http://www.sec.gov/Archives/edgar/data/315189/000120677412000114/deereandco_def14a.htm Deere & Company Schedule 14A] SEC filing, January 2012.</ref> Deere lobbied around "corporate tax reform," "bonus depreciation," and other tax issues in the fourth quarter of 2012.<ref>United States Senate, [http://soprweb.senate.gov/index.cfm?event=getFilingDetails&filingID=8092ec6d-415c-4f65-8771-4e48665d65db&filingTypeID=78 "Deere & Company Lobbying Report], Senate Lobbying Database, 4th quarter, 2012.</ref>
|-
|rowspan="4"|'''Judd Gregg''' (Co-Chair)
|rowspan="4"|Co-Chair of Fix the Debt; former Senator and Representative; ranking member of Senate Budget Committee; former Governor of New Hampshire; served on National Commission on Fiscal Responsibility and Reform
|-
|'''Goldman Sachs.''' Gregg is an international adviser, but his compensation is not publicly disclosed.<ref>Matthew Boesier, [http://www.businessinsider.com/senator-judd-gregg-goldman-sachs-fiscal-cliff-2012-8 "Former Senator Judd Gregg Explain To GOldman Sachs How The US Could Go Over The Fiscal Cliff] ''Business Insider'', August 9, 2012.</ref> See "Maya MacGuineas," above, for more details on Goldman's lobbying activity.
|-
|'''IntercontinentalExchange.''' Gregg is a board member of the derivatives exchange, making $334,886 in that position in 2011.<ref>Securities and Exchange Commission, [http://www.sec.gov/Archives/edgar/data/1174746/000119312512143534/d281838ddef14a.htm "IntercontinentalExchange, Inc. Schedule 14A], SEC filing, March 2012.</ref> ICE noted in its 2012 annual report that a financial speculation tax would reduce trading volume and curtail profits.<ref>Securities and Exchange Commission, [http://www.sec.gov/Archives/edgar/data/1174746/000119312512045255/d267160d10k.htm IntercontinentalExchange, Inc. Form 10-K], SEC filing, 2011.</ref>
|-
|'''Honeywell.''' Gregg is a board member, making $401,514 in 2011.<ref>United States Senate, [http://soprweb.senate.gov/index.cfm?event=getFilingDetails&filingID=73CFD09A-D622-466B-BEB7-F3C27327CDDC&filingTypeID=78 Honeywell International Senate Lobbying Report], Senate Lobbying Database, 3rd quarter, 2012.</ref> Honeywell lobbied on defense spending and tax issues during the last quarter of 2012, including "corporate tax reform" and "international taxation and repatriation."<ref>United States Senate, [http://soprweb.senate.gov/index.cfm?event=getFilingDetails&filingID=73CFD09A-D622-466B-BEB7-F3C27327CDDC&filingTypeID=78 Honeywell International Senate Lobbying Report], Senate Lobbying Database, 3rd quarter, 2012.</ref> It also noted in its 2012 annual report that a change in government defense funding could adversely impact sales.<ref>Securities and Exchange Commission, [http://www.sec.gov/Archives/edgar/data/773840/000093041312000976/c68029_10k.htm Honeywell International Inc. Form 10-K], SEC filing, 2011.</ref>
|-
|'''Ed Rendell''' (Co-Chair)
|Co-Chair of Fix the Debt, former Governor of Pennsylvania; former mayor and district attorney of City of Philadelphia; former chair of the National Governors Association.
|'''Ballard Spahr.''' Rendell is special counsel there, and lobbied for KCI USA, a wound care technology company, on Medicare and Medicaid reimbursements in 2012.<ref>United States Senate, [http://soprweb.senate.gov/index.cfm?event=getFilingDetails&filingID=25331B1F-F547-49B7-829E-10D96829C328&filingTypeID=78 KCI USA Inc. Senate Lobbying Record], Senate Lobbying Database, 1st quarter, 2012.</ref> Rendell focuses on housing and infrastructure issues at Ballard Spahr.<ref>Ballard Spahr LLP, [http://www.ballardspahr.com/people/attorneys/rendell_edward.aspx "Edward G. Rendell: Special Counsel"], organizational website, accessed February 16, 2013.</ref>

He is also senior advisor at Greenhill & Co., an investment bank, and operating partner at Element Partners, a venture capital firm.
|-
|'''Michael Bloomberg''' (Co-Chair)
|Co-Chair of Fix the Debt, mayor of New York City, founder of Bloomberg
|'''Citigroup.''' Bloomberg's longtime partner, Diana Taylor, is a board member, and made $316,250 in this position in 2011.<ref>Securities and Exchange Commission, [http://www.sec.gov/Archives/edgar/data/831001/000119312512104047/d291341ddef14a.htm CitiGroup Inc Schedule 14A], SEC filing, March 8, 2012.</ref> Citigroup lobbied on tax reform and the active financing exception during the last quarter of 2012.<ref>United States Senate, [http://soprweb.senate.gov/index.cfm?event=getFilingDetails&filingID=5BB54F36-CF6F-44CD-87C3-E7BAC7A673A4&filingTypeID=78 Citigroup Management Corp. Senate Lobbying Report], Senate Lobbying Database, 4th quarter, 2012.</ref> Citigroup also lobbied
|-
|rowspan="4"|'''David Cote''' (Steering Committee)
|rowspan="4"|Fix the Debt Steering Committee; chairman & CEO of Honeywell; served on National Committee on Fiscal Responsibility and Reform
|-
|'''Honeywell.''' Cote is chairman & CEO, and made $25.3 million<ref>Securities and Exchange Commission, [http://www.sec.gov/Archives/edgar/data/773840/000093041312001411/c67787_def14a.htm Honeywell International Inc. Schedule 14A], SEC filing, March 2012.</ref> in this position in 2011. See "Judd Gregg," above, for details on Honeywell's lobbying activities around the budget.
|-
|'''JPMorgan Chase.''' Cote is a board member and made $245,000 in this position in 2011.<ref>Securities and Exchange Commission, [http://www.sec.gov/Archives/edgar/data/19617/000001961712000185/jpmc2012proxystatement.htm JP Morgan Chase & Co. Schedule 14A], SEC filing, April 4, 2012.</ref> See "Erskine Bowles" above for details on JPMorgan's budget-related lobbying activity.
|-
|'''KKR.''' Cote is a senior advisor at the private equity firm.<ref>Kohlberg Kravis Roberts, [http://www.kkr.com/leadership/senior-advisors Leadership: Senior Advisors], organizational website, accessed February 16, 2013.</ref> KKR lobbied on "Tax issues affecting private equity firms and their portfolio companies, including tax reform" in the last quarter of 2012.<ref>United States Senate, [http://soprweb.senate.gov/index.cfm?event=getFilingDetails&filingID=dd4691e7-4d37-4b0a-9d9a-4e2abb485530&filingTypeID=78 Akin Gump Strauss Hauer & Feld Senate Lobbying Report], Senate Lobbying Database, 4th quarter, 2012.</ref> Akin Gump's Vic Fazio, a Fix the Debt steering committee member, lobbied for KKR on these issues.
|-
|'''Jimmy Lee''' (Steering Committee)
|Fix the Debt Steering Committee; Vice Chairman of JPMorgan Chase and Co-Chairman of J.P. Morgan
|'''JPMorgan Chase.''' Lee is vice chairman. See "Erskine Bowles" for more detail on JPMorgan's budget-related lobbying activity. Lee is also a board member at the US Chamber of Commerce, which lists the "Wall Street Trading and Speculators Tax Act" and "Various issues relating to the fiscal cliff, tax reform, entitlement reform, and sequestration" in its 2012 fourth quarter disclosure form.<ref>United States Senate, [http://soprweb.senate.gov/index.cfm?event=getFilingDetails&filingID=2D0C1F83-66FB-4108-86D8-D81C087AA198&filingTypeID=78 Chamber of Commerce of the U.S.A. Senate Lobbying Report], Senate Lobbying Database, 4th quarter, 2012.</ref>
|-
|rowspan="4"|'''Sam Nunn''' (Steering Committee)
|rowspan="4"|Fix the Debt Steering Committee; Co-Chairman of the Concord Coalition; Co-Chairman & CEO of the Nuclear Threat Initiative
|-
|'''GE.''' Nunn is a board member, earning $312,793 in 2011.<ref>Securities and Exchange Commission, [http://www.sec.gov/Archives/edgar/data/40545/000119312512107087/d301131ddef14a.htm General Electric Company Schedule 14A], SEC filing, 2011.</ref> GE lobbied on the "Robin Hood tax" (taxes on financial transactions), corporate tax rates, taxes on international operations, defense, housing, energy, and transportation appropriations in the fourth quarter of 2012.<ref>United States Senate, [http://soprweb.senate.gov/index.cfm?event=getFilingDetails&filingID=FD79C74E-0FF5-4516-B992-A26BBB035770&filingTypeID=78 General Electric Company Senate Lobbying Report], Senate Lobbying Database, 4th quarter, 2012.</ref>
|-
|'''Coca-Cola.''' Nunn is a board member, earning $212,977 in 2011.<ref>Securities and Exchange Commission, [http://www.sec.gov/Archives/edgar/data/21344/000130817912000055/lcocacola_def14a.htm The Coca-Cola Company Schedule 14A], SEC filing, March 2012.</ref> Coca-Cola lobbied on a range of tax issues in the fourth quarter of 2012, including tax reform for multinational companies and taxes on bottled and canned beverages.<ref>United States Senate, [http://soprweb.senate.gov/index.cfm?event=getFilingDetails&filingID=444AF357-9B0D-48DC-B6F9-737A069C097E&filingTypeID=78 The Coca-Cola Company Senate Lobbying Report], Senate Lobbying Database, 4th quarter, 2012.</ref>
|-
|'''Hess Corp.''' Nunn is a board member (compensation figures are not yet available, but directors made between $250,000 and $300,000 in 2011<ref>Securities and Exchange Commission, [http://www.sec.gov/Archives/edgar/data/4447/000119312512128993/d297861ddef14a.htm Hess Corporation Schedule 14A], SEC filing, March 2012.</ref>). Hess lobbied on "international tax provisions" in the fourth quarter of 2012.<ref>United States Senate, [http://soprweb.senate.gov/index.cfm?event=getFilingDetails&filingID=C3820E97-A190-47C6-B343-5179BE4BDE3E&filingTypeID=78 Federal Policy Group (Clark & Wamberg LLC) Senate Lobbying Report], Senate Lobbying Database, 4th quarter, 2012.</ref>
|-
|'''Phil Bredesen''' (Steering Committee)
|Fix the Debt Steering Committee; former Governor of Tennessee; founder of HealthAmerica Corp.
|'''Vanguard Health Systems.''' Bredesen is a board member and made $240,005 in 2011.<ref>Securities and Exchange Commission, [http://www.sec.gov/Archives/edgar/data/1045829/000119312512428871/d425072ddef14a.htm Vanguard Health Systems, Inc. Schedule 14A], SEC filing, October 2012.</ref> Vanguard lobbied on federal appropriations and tax issues in the fourth quarter of 2012.<ref>United States Senate, [http://soprweb.senate.gov/index.cfm?event=getFilingDetails&filingID=C50DE7C5-B8E0-41D0-BB2F-DC6FC597B48D&filingTypeID=78 Capitol Health Group, LLC Senate Lobbying Report], Senate Lobbying Database, 4th quarter, 2012.</ref> Vanguard's biggest shareholder is Blackstone group, which was co-founded by Fix the Debt funder Pete Peterson.<ref>Yahoo! Finance, [http://finance.yahoo.com/q/mh?s=VHS+Major+Holders "Vanguard Health Systems"], organizational website, accessed February 15, 2013.</ref>
|-
|rowspan="3"|'''Vic Fazio''' (Steering Committee)
|rowspan="3"|Fix the Debt Steering Committee; former U.S. Representative; member of Armed Services, Budget, Ethics, and House Administration Committees
|-
|'''Northrop Grumman.''' Fazio is a board member, making $304,347 in that position 2011.<ref>Securities and Exchange Commission, [http://www.sec.gov/Archives/edgar/data/1133421/000119312512153454/d308577ddef14a.htm Northrop Grumman Corporation Schedule 14A], SEC filing, April 2012.</ref> Northrop Grumman lobbied on defense appropriations and the research and development tax credit in the fourth quarter of 2012.<ref>United States Senate, [http://soprweb.senate.gov/index.cfm?event=getFilingDetails&filingID=9083F194-BCD5-4058-A426-9D65A2598AA6&filingTypeID=78 Northrop Grumman Corporation Senate Lobbying Report], Senate Lobbying Database, 4th quarter, 2012.</ref> 
|-
|'''Akin Gump.''' Fazio is a lobbyist at Akin Gump. In 2012, he lobbied on behalf of many corporations on tax and appropriations issues including: '''KKR'''<ref>United States Senate, [http://soprweb.senate.gov/index.cfm?event=getFilingDetails&filingID=271142A9-B3F2-4CBF-AFE3-6832C26FDB3D&filingTypeID=78 Kohlberg Kravis Roberts & Company Senate Lobbying Record], Senate Lobbying Database, 4th quarter, 2012.</ref> and '''Private Equity Growth Capital Council'''<ref>United States Senate, [http://soprweb.senate.gov/index.cfm?event=getFilingDetails&filingID=265FB962-6E54-44EB-B7A0-A99D46154FB2&filingTypeID=78 Private Equity Growth Capital Council Senate Lobbying Record], Senate Lobbying Database, 4th quarter, 2012.</ref> (tax reform and issues affecting private equity); '''InBev''' (tax reform and alcohol excise taxes)<ref>United States Senate, [http://soprweb.senate.gov/index.cfm?event=getFilingDetails&filingID=EAE3E827-120A-48F4-A3F4-AB39A1871EAA&filingTypeID=78 Anheuser-Busch Companies Senate Lobbying Record], Senate Lobbying Database, 4th quarter, 2012.</ref>; '''ADM''' (renewable fuels)<ref>United States Senate, [http://soprweb.senate.gov/index.cfm?event=getFilingDetails&filingID=13A8C14D-AC2B-493F-AD18-2D65237BC891&filingTypeID=78 Archer Daniels Midland Company Senate Lobbying Record], Senate Lobbying Database, 4th quarter, 2012.</ref>; '''AT&T''' (bonus depreciation)<ref>United States Senate, [http://soprweb.senate.gov/index.cfm?event=getFilingDetails&filingID=A5C8A61F-8154-403B-98B1-4F0159F07A25&filingTypeID=78 AT&T Senate Lobbying Record], Senate Lobbying Database, 4th quarter, 2012.</ref>; '''PG&E''' (tax legislation affecting public utilities)<ref>United States Senate, [http://soprweb.senate.gov/index.cfm?event=getFilingDetails&filingID=005D2917-2954-44D5-9373-D3C21264294A&filingTypeID=78 PG&E Corporation Senate Lobbying Record], Senate Lobbying Database, 4th quarter, 2012.</ref>; and '''CCA''' (Justice and Homeland Security appropriations and issues pertaining to construction and management of private prisons).<ref>United States Senate, [http://soprweb.senate.gov/index.cfm?event=getFilingDetails&filingID=40EC7271-3145-45DE-A016-B60B5B395546&filingTypeID=78 Corrections Corporation of America Senate Lobbying Record], Senate Lobbying Database, 4th quarter, 2012.</ref>
|-
|'''Jim McCrery''' (Steering Committee)
|Fix the Debt Steering Committee; former U.S. Representative; Ways and Means Committee; Select Revenue Measures Committee; Social Security Subcommittee and Health Subcommittee
|'''Capitol Counsel.''' McCrery is a lobbyist at Capitol Counsel. In the last quarter of 2012, he lobbied on behalf of numerous corporations and organizations on budget-related matters. Clients include the '''Alliance for Savings & Investment''' (capital gains and dividend tax rates)<ref>United States Senate, [http://soprweb.senate.gov/index.cfm?event=getFilingDetails&filingID=8EC9B2ED-4840-467F-8221-3575813D4BBD&filingTypeID=78 Capitol Counsel LLC Senate Lobbying Record], Senate Lobbying Database, 4th quarter, 2012.</ref>; '''Amgen''' (Medicare coverage and reimbursement and tax issues)<ref>United States Senate, [http://soprweb.senate.gov/index.cfm?event=getFilingDetails&filingID=AFCAD827-D04B-464F-ABF0-BF4C734D94C1&filingTypeID=78 Capitol Counsel LLC Senate Lobbying Report], Senate Lobbying Database, 4th quarter, 2012.</ref>; '''Blackstone Group''' (tax reform and carried interest taxation)<ref>United States Senate, [http://soprweb.senate.gov/index.cfm?event=getFilingDetails&filingID=86F1ABF8-5788-4A61-9C7E-2A9088E269B1&filingTypeID=78 The Blackstone Report Senate Lobbying Report], Senate Lobbying Database, 4th quarter, 2012.</ref>; '''Blue Cross Blue Shield''' (taxes on health insurers)<ref>United States Senate, [http://soprweb.senate.gov/index.cfm?event=getFilingDetails&filingID=91D1159F-E9FF-4EE8-A6AB-AC2CEBA3884E&filingTypeID=78 Health Care Service Corporation Senate Lobbying Report], Senate Lobbying Database, 4th quarter, 2012.</ref>; '''Cardinal Health''' (medical device tax)<ref>United States Senate, [http://soprweb.senate.gov/index.cfm?event=getFilingDetails&filingID=A19E8D9A-2AC6-4D81-9552-30D68327AB13&filingTypeID=78 Cardinal Health Inc. Senate Lobbying Report], Senate Lobbying Database, 4th quarter, 2012.</ref>; '''Chevron''' (tax reform)<ref>United States Senate, [http://soprweb.senate.gov/index.cfm?event=getFilingDetails&filingID=0F82FA13-A0D6-4489-B0C5-2E92E6ED1164&filingTypeID=78 Chevron Corp. Senate Lobbying Report], Senate Lobbying Database, 4th quarter, 2012.</ref>; '''GE''' ("Monitoring legislation related to deferral of overseas income, bank tax, corporate tax and tax reform")<ref>United States Senate, [http://soprweb.senate.gov/index.cfm?event=getFilingDetails&filingID=126466C9-FE65-46EA-91A0-B281EA36892F&filingTypeID=78 General Electric Company Senate Lobbying Report], Senate Lobbying Database, 4th quarter, 2012.</ref>; '''Reynolds American''' (tax proposals on tobacco industry)<ref>United States Senate, [http://soprweb.senate.gov/index.cfm?event=getFilingDetails&filingID=67005D23-59EF-46E1-9F37-494925A9D77B&filingTypeID=78 Reynolds American, Inc. Senate Lobbying Report], Senate Lobbying Database, 4th quarter, 2012.</ref>; '''Wal-mart''' (corporate tax, internet sales tax, and tax reform)<ref>United States Senate, [http://soprweb.senate.gov/index.cfm?event=getFilingDetails&filingID=A1658184-5C75-447F-99C3-08DF400B4FD2&filingTypeID=78 Wal-Mart Stores, Inc. Senate Lobbying Report], Senate Lobbying Database, 4th quarter, 2012.</ref>; '''PHRMA''' (pharmaceutical tax and reimbursement issues)<ref>United States Senate, [http://soprweb.senate.gov/index.cfm?event=getFilingDetails&filingID=CDC7F390-1A5A-4139-A31D-F155457CFA54&filingTypeID=78 Pharmaceutical Research and Manufacturers of America (PhRMA) Senate Lobbying Report], Senate Lobbying Database, 4th quarter, 2012.</ref>; and several others.
|-
|'''Jim Nussle''' (Steering Committee)
|Fix the Debt Steering Committee, former OMB director, former U.S. Representative, House Budget Committee Chair, president of the Nussle Group
|'''Growth Energy.''' Nussle is President & COO of Growth Energy, an ethanol industry lobby. Growth Energy lobbied on the ethanol tax credit in the last quarter of 2012.<ref>United States Senate, [http://soprweb.senate.gov/index.cfm?event=getFilingDetails&filingID=64734D5F-28A3-4076-B256-F55A84352B17&filingTypeID=78 Growth Energy, Inc. Senate Lobbying Report], Senate Lobbying Database, 4th quarter, 2012.</ref>
|-
|'''Margaret Spellings''' (Steering Committee)
|Fix the Debt Steering Committee, former Secretary of Education under George W. Bush
|'''U.S. Chamber of Commerce''' Spellings lobbies for the U.S. Chamber of Commerce. She is the owner PR firm Margaret Spellings & Company, client U.S. Chamber.<ref>Center for Responsive Politics, [http://www.opensecrets.org/revolving/rev_summary.php?id=71053 Margaret Spellings Revolving Door Profile], OpenSecrets website, accessed February 19, 2013.</ref> 
|-
|colspan="3"|This table includes [[Fix the Debt's Leadership|leaders of Fix the Debt]] -- steering committee members, co-chairs, co-founders -- that have current ties to corporations lobbying around federal tax and spending issues. Twelve of the 19 Fix the Debt leaders have such ties; the other seven are not included in this table.

Researched and produced by the [http://public-accountability.org/ Public Accountability Initiative], February 2013.

|}

==Resources and Articles==

==Related Fix the Debt SourceWatch Articles==

* [[Fix the Debt]]
** [[Fix the Debt's Leadership]]
** [[Fix the Debt's Partner Groups]]
** [[Fix the Debt's State Chapters]]
** [[Fix the Debt's Lobbyists]]
** [[Committee for a Responsible Federal Budget|Fix the Debt's Parent Group]]
** [https://www.sourcewatch.org/index.php?title=Category:Fix_the_Debt_Corporations Fix the Debt's Corporations]
** [[Peter Peterson]]
** [[Peter G. Peterson Foundation]]
** [[AmericaSpeaks]]
** [[Simpson-Bowles Commission]]
** [[Erskine Bowles]]
** [[Alan Simpson]]
** [[Social Security]]
** [[Medicare]]
** [[Medicaid]]

==References==
<references/>

[[Category:Real Economy Project]] [[Category:United States]] [[Category:Fix the Debt]]