Don’t Be Like Mike

What Kinsley & Co. fail to grasp

Unable to follow an argument, B&S don’t follow the money very well either. The American Bankruptcy Institute, no friend of this legislation, did a study pointing out that campaign contributions from the credit-card industry haven’t been going to members of the House Judiciary Committee, which is responsible for the bankruptcy bill. They’ve been going to members of the Banking Committee, which has jurisdiction over matters that interest the industry more. Of the ten top recipients of industry money in the House, only one is on the Judiciary Committee—Florida Republican Bill McCollum, who’s also on the Banking Committee. And the Democrat who has received the most contributions, John LaFalce of New York, voted against the bill.

About the Author

Stephen Moore

Stephen Moore is a co-founder of Unleash Prosperity, a senior visiting fellow at the Heritage Foundation, and a senior economic adviser to the Trump campaign.

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What Kinsley & Co. fail to grasp

Unable to follow an argument, B&S don’t follow the money very well either. The American Bankruptcy Institute, no friend of this legislation, did a study pointing out that campaign contributions from the credit-card industry haven’t been going to members of the House Judiciary Committee, which is responsible for the bankruptcy bill. They’ve been going to members of the Banking Committee, which has jurisdiction over matters that interest the industry more. Of the ten top recipients of industry money in the House, only one is on the Judiciary Committee—Florida Republican Bill McCollum, who’s also on the Banking Committee. And the Democrat who has received the most contributions, John LaFalce of New York, voted against the bill.

About the Author

Stephen Moore

Stephen Moore is a co-founder of Unleash Prosperity, a senior visiting fellow at the Heritage Foundation, and a senior economic adviser to the Trump campaign.