The Trouble With That Revolving Door
By THOMAS B. EDSALL
NYT
Last week, an inside-the-Beltway newsletter, First Street, published a unique top-ten list. It reveals which former members of Congress are among the most important Washington lobbyists.
The first four on the list — Senator John Breaux, of Louisiana (who served in Congress from 1972 to 2005), Representative Tom Downey, of New York (1974 to 1993), Representative Victor Fazio, of California (1979 to 1999), and former Democratic House Majority Leader Richard Gephardt (1977 to 2005) – are all members of the Democratic Party, which historically has represented the bottom half of the income distribution.
These former Democratic members of the House and Senate are on the cutting edge of a revolution in the political culture of the nation’s capitol. Without attracting the attention of the general public, the career path of retired legislators has transformed the thinking of those still in Congress, Democrat and Republican alike.
When Washington politicians leave office, many, if not most, no longer return home. Instead, they head straight to the lucrative world of K Street, the nation’s lobbying corridor, which runs through the heart of Washington. A former member of the House or Senate with even modest seniority can now expect to walk into a job paying up to $1 million or more a year – and much more when bonuses are paid for bringing in new clients.
There are various estimates of the number of living former members of the House and Senate. The Association of Former Members of Congress has a listing of 592, and estimates there may be as many as 1,000, a large number of whom are no longer employed at all. The Congressional Research Service reported that as of Oct. 1, 2009, there were 455 former members receiving some form of federal pension.
(More here.)
NYT
Last week, an inside-the-Beltway newsletter, First Street, published a unique top-ten list. It reveals which former members of Congress are among the most important Washington lobbyists.
The first four on the list — Senator John Breaux, of Louisiana (who served in Congress from 1972 to 2005), Representative Tom Downey, of New York (1974 to 1993), Representative Victor Fazio, of California (1979 to 1999), and former Democratic House Majority Leader Richard Gephardt (1977 to 2005) – are all members of the Democratic Party, which historically has represented the bottom half of the income distribution.
These former Democratic members of the House and Senate are on the cutting edge of a revolution in the political culture of the nation’s capitol. Without attracting the attention of the general public, the career path of retired legislators has transformed the thinking of those still in Congress, Democrat and Republican alike.
When Washington politicians leave office, many, if not most, no longer return home. Instead, they head straight to the lucrative world of K Street, the nation’s lobbying corridor, which runs through the heart of Washington. A former member of the House or Senate with even modest seniority can now expect to walk into a job paying up to $1 million or more a year – and much more when bonuses are paid for bringing in new clients.
There are various estimates of the number of living former members of the House and Senate. The Association of Former Members of Congress has a listing of 592, and estimates there may be as many as 1,000, a large number of whom are no longer employed at all. The Congressional Research Service reported that as of Oct. 1, 2009, there were 455 former members receiving some form of federal pension.
(More here.)
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