Lawmakers Making Thousands, Funding Lavish Trips from ‘Slush Funds’

Photo Credit: REUTERSMembers of Congress are routinely using campaign committees as a personal “slush fund,” according to a detailed report by “60 Minutes.”

The report found that lawmakers are using what’s known as “Leadership PACs” to fund trips to high-ranking golf courses, NFL games and other destinations – and are even personally making money off the PACs by lending to them and charging steep interest.

In the most egregious examples, CBS’ “60 Minutes” found that Rep. Grace Napolitano, D-Calif., loaned her PAC $150,000 – and made $228,000 over a 12-year period by charging 18 percent interest.

Napolitano admitted to doing it, and an ethics watchdog said the practice is technically legal. In fact, the group Citizens for Responsibility and Ethics in Washington found at least 15 cases where politicians were making loans to their campaign funds.

Napolitano, though, conceded she wasn’t giving campaign donors the details of her personal loan. “Well, you don’t go out and publicize that, but they know that I had a campaign debt,” she said.

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