Stark, favorite of tax exempt groups, replaces Rangel as Ways and Means chair
By The Sunlight Foundation Reporting Group
The Hill reports that House Speaker Nancy Pelosi has tapped California Democrat Rep. Pete Stark to fill in for Charles Rangel, who’s taken a leave of absence from the chair of the House Ways and Means Committee after being admonished by the Select Committee on Ethics. Unlike Rangel, who was a favorite of banks, brokerages and insurers, Stark’s most generous supporters are tax exempt organizations.
In stepping aside, Rangel cited the ongoing ethics investigation, which is delving into his personal financial disclosures, income taxes, and use of official letterhead to solicit donations from individuals and companies with tax business before Ways and Means for an eponymous nonprofit center celebrating the chairman’s career.
Stark, who was cleared by the ethics committee over a tax question of his own, has raised a total of $5.4 million since 1989, according to the Center for Responsive Politics. By contrast, Rangel, a top fundraiser for House Democrats, brought in $19.4 million over the same period just for his campaign committee. He raised millions more through his leadership PAC.
Stark’s top career donors are a motley group dominated by Washington trade associations and unions–all organized under section 501(c) of the Internal Revenue Code, making most of their operations tax exempt, though of course, the organizations represent taxpayers.
Health care interests are well represented: the American Society of Anesthesiologists, the American Physical Therapy Association, the American Health Care Association, and the American Nurses Association rank among his ten most generous sources of campaign cash; he draws more support from health professionals than from any other industry–Stark is the chair of the Ways and Means Health Subcommittee.
The Sunlight Foundation Reporting Group is part of the Sunlight Foundation, a nonprofit, nonpartisan Washington, D.C.-based organization that uses cutting-edge technology and ideas to make government transparent and accountable.
Source: http://reporting.sunlightfoundation.com/2010/after-rangel-who-will-be-top-tax-writer/
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world. Anyone can join. Anyone can contribute. Anyone can become informed about their world. "United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
LION'S MANE PRODUCT
Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules
Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, but it benefits growth of Essential Gut Flora, further enhancing your Vitality.
Our Formula includes: Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity. Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins. Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system. Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome. Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function. Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules Today. Be 100% Satisfied or Receive a Full Money Back Guarantee. Order Yours Today by Following This Link.
