Last week, in an interview with Politico, Senate minority leader Mitch McConnell (R-KY) outlined his plan to shut down President Obama’s legislative agenda by placing riders on appropriations bills. Should Republicans take control of the Senate in the 2014 elections, McConnell intends to pass spending bills that “have a lot of restrictions on the activities of the bureaucracy.”
What McConnell didn’t tell Politico was that two months ago, he made the same promise to a secret strategy conference of conservative millionaire and billionaire donors hosted by the Koch brothers. The Nation and The Undercurrent obtained an audio recording of McConnell’s remarks to the gathering, called “American Courage: Our Commitment to a Free Society.” In the question-and-answer period following his June 15 session titled “Free Speech: Defending First Amendment Rights,” McConnell says:
“So in the House and Senate, we own the budget. So what does that mean? That means that we can pass the spending bill. And I assure you that in the spending bill, we will be pushing back against this bureaucracy by doing what’s called placing riders in the bill. No money can be spent to do this or to do that. We’re going to go after them on healthcare, on financial services, on the Environmental Protection Agency, across the board [inaudible]. All across the federal government, we’re going to go after it.”
McConnell’s pledge to “go after” Democrats on financial services—a reference to declawing Dodd-Frank regulation—is a key omission from his Politico interview. He has been a vocal opponent of the Consumer Financial Protection Bureau in particular, and presumably under his Senate leadership funding for the CFPB would be high on the list of riders for the appropriations chopping block. According to the Center for Responsive Politics, Wall Street was the number-one contributor to McConnell’s campaign committee from 2009 to 2014.
McConnell is running against Democrat Alison Lundergan Grimes in a close contest that could determine which party controls the Senate. Total spending in the race is expected to exceed $100 million, which would make it the most expensive Senate election in history. As of July 21, PACs and individuals affiliated with Koch Industries have given at least $41,800 to McConnell’s campaign committee in this election cycle—a figure that does not include any funding to outside groups that could spend heavily in the race’s closing weeks.