Deficit Commission: Senate Majority Leader Harry Reid Selects Three Senators for Panel

Joint Select Committee on Deficit Reduction (Bill)

Selections of Senator Harry Reid, Senate Majority Leader

Nominee

Net Worth (2009)

Sen. Max Baucus (D-MT) $13,013 to $204,000
Sen. John Kerry (D-MA) $182,755,534 to $294,869,059
Sen. Patty Murray (D-WA) $449,017 to $1,185,000

Source: www.opensecrets.org.

Given the recent credit-rating downgrade, I am not sure how that fact will affect this deficit panel. I am unsure whether wealthy politically powerful and connected people make these decisions without any citizen’s input is a good idea, especially when it comes to program cuts.

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