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Monday, September 27, 2010

"Kickback” time? GM gives our money to politician's campaigns

Auto giant General Motors restarted its long-dormant political action committee this summer and has already sent money to more than 40 incumbent members of Congress.

The July and August donations from GM PAC are the first since the committee stopped donating after GM filed for bankruptcy in June 2009. Who’s on the receiving end? Both supporters and opponents of the auto bailout, Democrats and Republicans and, mostly, incumbents.

Much of the money went to powerful members who sit at or near the top of influential committees. In the House, Armed Services Committee Chairman Ike Skelton (D-Mo.), Homeland Security Committee Chairman Bennie Thompson (D-Miss.), Transportation Committee Vice Chairman Nick Rahall (D-W.Va.) and Rules Committee Chairwoman Louise Slaughter (D-N.Y.) all received donations.

In the Senate, Finance Committee Chairman Max Baucus (D-Mont.) received $1,000, and Sen. Lisa Murkowski (R-Alaska) — still the ranking member on the Energy and Natural Resources Committee despite losing a primary challenge — received $1,000. (Continues here)

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