Commemorative Series No. 3 · The Fine Print
OUTSPENTNo. 11/74
Lindsey
Graham
U.S. Senate · R-SC
Taken from the card industry
$133,484
S.256 · the bankruptcy bill · 2005tap to flip ⤺
WHO THEY WORK FORNo. 11/74
Card-Issuing Banks$114,374
Credit Cards$19,110
Made it harder to clear credit-card debt in bankruptcy. Filings got ~38% costlier; insolvency didn't fall. · 109-1-44OUTSPENT
Card 11 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
$133,484
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 Graham's control (Fund For America's Future) took $204,040 from banks, card lenders, drug makers and insurers.
Source: FEC; Fund For America's Future
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$114,374
Am. Bankers Assn.$35,000
Bank of America$30,823
Wells Fargo$27,280
Am. Financial Services$12,500
Citigroup$5,308
JPMorgan$3,463
Credit Cards$19,110
Discover$8,413
Capital One$4,422
Visa$3,475
American Express$1,800
Mastercard$1,000