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debt ceiling debate

debt ceiling debate

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Beating the Debt Hoarse: As Washington Deadline Neared, Outrage Looked for An Outlet, and Ennui Reigned

As the American economy inched closer to collapse on Monday morning, 50 people took to the streets of Lower Manhattan, stripped naked and pantomimed life on Wall Street. One yelled about stock prices like a trader on the floor. Another swept the streets. A third pretended to sell hot dogs.

“This is a commentary on the absurdity of the situation,” said the artist behind the project, Zefrey Throwell. “It’s totally a Freudian nightmare to have people show up and work naked on Wall Street. This absurd statement I consider parallel to the lack of transparency on our financial structures.” Read More

debt ceiling debate

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Gregory Meeks, NYC's Lone Debt Deal Vote, Says Why

Queens Congressman Gregory Meeks told The Politicker this morning that he was a reluctant vote to raise the debt ceiling, but that ultimately enough concessions were made by House Republicans to convince him to sign on.

“In order to get this done right, we very definitely had to have some revenue,” he said. “But if we are going to have a compromise, and there will be no revenue, then entitlements should not be cut, and as of right now entitlements have not been cut.” Read More

debt ceiling debate

The Final Tally: How New York Voted

The debt ceiling debate heads to the Senate today where passage of the measure is expected. In the meantime, listed below are how members of the New York Congressional delegation voted.

Voting yes were: Representatives Tim Bishop, Chris Gibson, Michael Grimm, Richard Hanna, Nan Hayworth, Brian Higgins, Kathy Hochul, Steve Israel, Peter King, Nita Lowey, Carolyn McCarthy, Gregory Meeks, Bill Owens and Tom Reed.

And among the no votes included: Representatives Gary Ackerman, Ann Marie Buerkle, Yvette Clarke, Joseph Crowley, Eliot Engel, Carolyn Maloney, Jerrold Nadler, Charles Rangel, Jose Serrano, Louise Slaughter, Paul Tonko, Ed Towns and Nydia Velazquez. Read More

debt ceiling debate

ARPA-E Energy Innovation Summit 2011, Washington,DC

Steve Israel: 'I Am Voting Yes'

Long Island Congressman Steve Israel just sent out word that he is voting with the Republican majority to raise the federal debt ceiling.

Israel is in something of a tricky spot. He is a moderate Democrat, but, as the head of the Democratic Congressional Campaign Committee, he is also one of the leaders of the Read More

debt ceiling debate

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Peter King Backs Boehner, and Debt Deal

Add Long Island Congressman Peter King to the list of Republicans who support the agreement hashed out by President Obama and Congressional leaders to raise the federal debt ceiling.

In a statement sent to The Politicker last yesterday evening, after House Speaker John Boehner had laid out the details of the budget bill, he had high praise for the both the deal and the embattled Boehner. Read More