Commemorative Series No. 3 · The Fine Print
OUTSPENTNo. 16/74
Max
Baucus
U.S. Senate · D-MT
Taken from the card industry
$110,702
S.256 · the bankruptcy bill · 2005tap to flip ⤺
WHO THEY WORK FORNo. 16/74
Card-Issuing Banks$80,200
Credit Cards$30,502
Made it harder to clear credit-card debt in bankruptcy. Filings got ~38% costlier; insolvency didn't fall. · 109-1-44OUTSPENT
Card 16 of 74 · tap the card to see who they work for
Beyond the check
The check is only the part you can see.
They took
$110,702
The industry spent on the bill
$100M+
on an eight-year industry push to pass the bankruptcy bill
Through the leadership PAC
Beyond the campaign account, a leadership PAC under Baucus's control (Glacier PAC) took $480,500 from banks, card lenders, drug makers and insurers.
Source: FEC; Glacier PAC
The industry figure is lobbying spent on the bill, not a payment to this senator. Source: contemporary reporting (NBER; PBS Frontline). Everything here is documented public record; nothing alleges an illegal act.
Don't recognize a logo? Here's the key.
Card-Issuing Banks$80,200
Wells Fargo$44,300
Citigroup$20,450
Bank of America$15,450
Credit Cards$30,502
American Express$30,302
Discover$200