All of the major mayoral candidates have been spending cash at a relative steady clip; but no other candidate has managed to do so as fast as billionaire supermarket magnate John Catsimatidis. The self-financed Republican has spent a whopping $880,000 since he entered the race, including $615,332 in bills over the past two months. Read More
Bill Thompson raised more than $600,000 over the past two months for his mayoral bid–a haul his campaign touted as a “dramatic” uptick in their fund-raising pace.
The money, raised from March 12 through May 11, is nearly double what Mr. Thompson raised during the previous period–a sign, staffers said, that his campaign is gaining steam. Read More
Three members of New York City’s congressional delegation have signed on to a letter vowing not to back any White House bargain to avoid the $85 billion in automatic budget cuts known as the sequester that includes cuts to Social Security and Medicare. Both parties have been at an impasse over the cuts with Democrats favoring debt reduction through tax increases and Republicans wanting spending cuts. President Barack Obama has repeatedly expressed a desire to make a deal ahead of the March 1 deadline that includes both tax increases and proposals to reduce the costs of social programs. Now, Congressmen Jerry Nadler, Jose Serrano and Nydia Velazquez have all signed the pledge promising not to back any deal including the compromises being called for by the White House.
“Social Security, Medicare, and Medicaid are the great bedrocks of our middle class society and, together, constitute an essential safety net for millions of Americans,” Mr. Nadler said. “I will fight like hell against any deficit plan that cuts these programs or fails to address our immediate jobs problem. It is unconscionable for Republicans to ask those who can least afford it – seniors, kids, our most vulnerable families – to sacrifice even more and shoulder a disproportionate burden. I do not support anydeal that cuts Social Security, Medicare or Medicaid benefits.” Read More
A Politicker examination of federal campaign finance disclosure reports submitted by Paul Ryan’s congressional campaign has uncovered indications Mr. Ryan may have improperly used funds raised for his re-election effort in Wisconsin for presidential campaign activities at the Republican National Convention in August. Mr. Ryan is simultaneously running for re-election in Wisconsin’s First Congressional District and on the GOP presidential ticket with Mitt Romney. At the RNC in Tampa, Mr. Ryan’s House campaign spent about $60,000. However, these convention expenses seem to go far beyond the scope of the activities and staff he had at the RNC for his bid to reclaim his House seat.
One prominent election law expert told us this is a “highly problematic” potential violation of Federal Election Commission regulations regarding candidates running for multiple federal offices. A spokesperson for Mr. Ryan’s opponent in Wisconsin’s First Congressional District described it as a possibly “troubling” element of “Paul Ryan’s overarching pattern of dishonesty in this race.” When we reached out to Mr. Ryan’s congressional campaign manager, we received a shifting series of explanations including at least one statement that was clearly untrue. Read More
Members of a bipartisan “supercommittee” formed to address the national debt can’t seem to agree on a plan and it doesn’t look like they will any time soon. Read More
