Republican lawmakers taking the hardest line against raising the U.S. government's $31.4 trillion debt ceiling rely heavily on small donors to fund their campaigns, shielding them from business lobby pressure to avoid a default.
6 min readWASHINGTON - House Freedom Caucus lawmakers taking a hard line against raising the U.S. government's $31.4 trillion debt ceiling rely heavily on small donors to fund their campaigns, a Reuters analysis found, shielding them from business lobby pressure to avoid a default.
"The most conservative of us will only support a responsible adjustment of the debt ceiling if it's accompanied by meaningful and serious fiscal reform," Representative Clay Higgins, a Freedom Caucus member from Louisiana, said in an interview.Some Freedom Caucus members leaned especially hard on small donors; U.S. Representative Marjorie Taylor Greene of Georgia got close to 70% of her 2022 campaign fund from people giving $200 or less, Reuters found.
Reuters identified at least 37 members of the House Freedom Caucus by reviewing public statements in which they identified themselves as members, or by asking their offices. Small-dollar donations - often courted via provocative emails and social media posts - also help reinforce the hardline brands of some lawmakers.
Some economists warn a default would trigger a recession as the U.S. government missed payments on everything from Social Security checks for seniors to soldiers' wages. "What will damage the economy is what we've seen the last two years: record spending, record inflation, record debt. We already know that's damaging the economy," said Jordan, a founding member of the group.Freedom Caucus members are among the most conservative members of Congress, according to their voting records.
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