Commemorative Series No. 3 · The Fine Print
OUTSPENTNo. 38/74
Johnny
Isakson
U.S. Senate · R-GA
Taken from the card industry
$36,500
S.256 · the bankruptcy bill · 2005tap to flip ⤺
WHO THEY WORK FORNo. 38/74
Card-Issuing Banks$35,500
Credit Cards$1,000
Made it harder to clear credit-card debt in bankruptcy. Filings got ~38% costlier; insolvency didn't fall. · 109-1-44OUTSPENT
Card 38 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
$36,500
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 Isakson's control (21st Century Majority Fund) took $343,952 from banks, drug makers and insurers.
Source: FEC; 21st Century Majority Fund
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$35,500
Am. Bankers Assn.$20,000
Citigroup$5,550
Wells Fargo$5,550
Bank of America$2,400
Am. Financial Services$2,000
Credit Cards$1,000
Visa$1,000