The Progressive

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A project of Common Dreams

For Immediate Release
Contact:

Sam Quigley, sam@patrioticmillionaires.org, 202-446-0489

Putting American Lives at Risk for Campaign Contributions

"Sheldon Adelson's $30 million contribution to the Congressional GOP is yet another sign of just how broken our political system is."

WASHINGTON

This morning, following the news that billionaire GOP megadonor Sheldon Adelson pledged $30 million to the House Republican-aligned Congressional Leadership Fund, the Chair of the Patriotic Millionaires and former managing director at BlackRock, Inc., Morris Pearl released the following statement:

"Sheldon Adelson's $30 million contribution to the Congressional GOP is yet another sign of just how broken our political system is. Rather than try to write and pass policy that is actually good for their constituents, Congress follows the money and does whatever their billionaire donors tell them to do, consequences for the rest of the country be damned.

This directly follows from action earlier this week when, contrary to the recommendations of the American intelligence and foreign policy communities, the Trump administration pulled the US out of the Iranian nuclear agreement. This decision puts American lives at risk by making it much more likely for Iran to obtain a nuclear weapon, and it was all done to please a few Republican megadonors opposed to the deal, a group that includes Sheldon Adelson."

The Patriotic Millionaires is a group of high-net worth Americans who share a profound concern about the destabilizing level of inequality in America. Our work centers on the two things that matter most in a capitalist democracy: power and money. Our goal is to ensure that the country's political economy is structured to meet the needs of regular Americans, rather than just millionaires. We focus on three "first" principles: a highly progressive tax system, a livable minimum wage, and equal political representation for all citizens.

(202) 446-0489