Corporate Donors Stick With GOP Hardliners After the Shutdown

Fort Worth Star-Telegram/ZUMA

For indispensable reporting on the coronavirus crisis, the election, and more, subscribe to the Mother Jones Daily newsletter.


October’s tea party-inspired government shutdown was awful for big businesses. The anti-Obamacare crusade led by Sen. Ted Cruz (R-Texas) and House tea partiers kept the government closed for 16 days and won zero policy victories for the GOP, but their showboating robbed billions from the economy. Because of the shutdown, Standard & Poor’s revised its economic growth projections for the last quarter of 2013 downward from 3 percent to 2.4. percent. The harm to the economy would have gone from unpleasant to catastrophic if Cruz and his partners in crime had their way and let the government hit the debt ceiling. 

Throughout the shutdown, corporations begged the Republicans to step back from the ledge and keep the government funded. Their protestations fell on the deaf ears of new members of Congress who feel less beholden to corporate donors than past generations of Republicans. For a moment after the shutdown was resolved, it seemed like big business finally had enough with the GOP’s hardliners. Moderate GOP candidates jumped into primary challenges against tea partiers with the blessing of corporate donors immediately after the shutdown.

The dissatisfaction of Big Business didn’t last all that long. Reuters analyzed donations from the biggest business political action committees and found that they are still funneling money to the Tea Partiers who wanted the government to crash and burn last month. Since Congress voted to re-open the government on October 16, the eight biggest corporate PACs have donated nearly $85,000 to the 162 Republicans who voted against the deal to raise the debt ceiling and end the shutdown. For context, those same PACs have also given $246,000 to the 366 members of Congress who voted for the deal. Reuters found that some companies, such as Honeywell, were still donating to hardline Republicans even while they were railing against the government shutdown.

Even if corporate America despise the tea partier’s methods, it turns out business still cares more about lower marginal tax rates and lax regulation than a functioning government.

SIX TRUTHS

Reclaiming power from those who abuse it often starts with telling the truth. And in "This Is How Authoritarians Get Defeated," MoJo's Monika Bauerlein unpacks six truths to remember during the homestretch of an election where democracy, truth, and decency are on the line.

Truth #1: The chaos is the point.

Truth #2: Team Reality is bigger than it seems.

Truth #3: Facebook owns this.

Truth #4: When we go to work, we're in the fight.

Truth #5: It's about minority rule.

Truth #6: The only thing that can save us is…us.

Please take a moment to see how all these truths add up, because what happens in the weeks and months ahead will reverberate for at least a generation and we better be prepared.

And if you think journalism like Mother Jones'—that calls it like it is, that will never acquiesce to power, that looks where others don't—can help guide us through this historic, high-stakes moment, and you're able to right now, please help us reach our $350,000 goal by October 31 with a donation today. It's all hands on deck for democracy.

payment methods

SIX TRUTHS

Reclaiming power from those who abuse it often starts with telling the truth. And in "This Is How Authoritarians Get Defeated," MoJo's Monika Bauerlein unpacks six truths to remember during the homestretch of an election where democracy, truth, and decency are on the line.

Truth #1: The chaos is the point.

Truth #2: Team Reality is bigger than it seems.

Truth #3: Facebook owns this.

Truth #4: When we go to work, we're in the fight.

Truth #5: It's about minority rule.

Truth #6: The only thing that can save us is…us.

Please take a moment to see how all these truths add up, because what happens in the weeks and months ahead will reverberate for at least a generation and we better be prepared.

And if you think journalism like Mother Jones'—that calls it like it is, that will never acquiesce to power, that looks where others don't—can help guide us through this historic, high-stakes moment, and you're able to right now, please help us reach our $350,000 goal by October 31 with a donation today. It's all hands on deck for democracy.

payment methods

We Recommend

Latest

Sign up for our free newsletter

Subscribe to the Mother Jones Daily to have our top stories delivered directly to your inbox.

Get our award-winning magazine

Save big on a full year of investigations, ideas, and insights.

Subscribe

Support our journalism

Help Mother Jones' reporters dig deep with a tax-deductible donation.

Donate