Is ConsumerWatchdog.org Only Watching Out for Itself in the Legislature?
ConsumerWatchdog.org, formerly known as the Foundation for Taxpayer and Consumer Rights, is on the warpath. It is fighting legislation sponsored by Los Angeles area Democratic Assemblymembers Mike Feuer and Mike Gatto that would require proponents of ballot measures to include a provision to raise the revenue to pay for them. And it’s pushing hard for the inclusion of “intervenor fees” in AB 52, a bill also authored by Assemblyman Feuer, that would regulate health plan rate increases.
Last week, an article in POLITiCO, the Beltway-based national political publication, revealed why.
According to POLITICO, ConsumerWatchdog.org “stands to gain millions” from passage of the rate regulation bill. The newspaper’s investigation revealed that the organization has raked in more than $7 million in “intervenor compensation” from 2002-2010.