December 14, 2008

Ryan's auto bailout vote: Did campaign $$$ play a role?

U.S. Rep. Paul Ryan, R-1st District, said last Wednesday that he voted for the $14 billion auto industry bailout because the funds would come from "a previously approved U.S. Department of Energy loan package. Because no additional taxpayer dollars were appropriated, I was able to support this legislation."

Maybe. But here's possibly another reason for the former fiscal conservative's support: His campaign contributions from auto industry sources supporting the bailout are more than double those received by congressmen opposing it.

Maplight.org, a website that "illuminates the connection between money and politics," reported this week that over the past five years (January 2003 - October 2008), auto manufacturers, auto dealers and labor unions gave an average of $74,100 in campaign contributions to each Representative who ultimately voted in favor of the auto bailout, compared with an average of $45,015 to each Representative who voted against the bailout -- "65% more money, on average, given to those who voted Yes."

Paul Ryan did better than that $74,100 average. Quite a bit better. He received $93,200 (with $13,500 of that in 2008).

Those auto industry campaign contributions came from:
Auto dealers, new & used: $45,950
Auto manufacturers: $38,000
Truck/Automotive parts & accessories: $7,750
Manufacturing unions: $1,000
Manufacturing: $500

TOTAL $93,200
To be fair, let's be quick to stipulate two things:

First, that Janesville, Ryan's home town, boasts an 80-year-old GM assembly plant, where 1,200 workers make Chevy Tahoes. (And 3,000 other auto-related workers in the area have lost their jobs since June.) Without a bailout -- and maybe even with one -- that plant is scheduled for closure two days before Christmas.

And, second, that $93,200 is chump change to Ryan, who has raised millions in campaign contributions. Federal Elections Commission reports show his receipts as:
2007-2008 $1,641,943
2005-2006 $1,462,674
2003-2004 $1,374,025
2001-2002 $1,244,748
1999-2000 $1,343,419
A tip of the hat to Jim Zellmer's blog for pointing to the Maplight.org research on auto industry contributions and the potential connection between them and this bailout.

6 comments:

  1. Ryan is a traitor to the GOP and the American people.

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  2. If it is good for Janesville, he votes for it.

    Sucks to live in Racine....

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  3. But fair is fair how much did say Kohl get for campaign donations?

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  4. No idea. You'll have to wait until Maplight.org or someone else sifts through the thousands of pages of senators' campaign finance data.

    Unless you want to do it?

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  5. Pete - You must be joking. Colt is all talk and no action. We are still waiting on his various recalls to start:

    Lehman.....?
    Becker.....?

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  6. recall? on what grounds?

    i hear it often, but not sure why...

    ReplyDelete