At a recent mayoral forum, two of the candidates running to replace Mayor Michael Bloomberg endorsed the idea of a cross-harbor freight rail tunnel to New York City.(2)
Anthony Weiner may have come out OK in the New York Times magazine's big profile of him this morning, but Rep. Peter King certainly didn't.(1)
A coalition of progressive groups and left-leaning lawmakers is trying to convince President Obama to take chained CPI out of the debate over sequestration cuts and a new budget deal.
In a blog post last night, the White House reiterated that president is still open to chained CPI, which would reduce Social Security payments over time by using a more nuanced formula to calculate inflation.
The White House calls it a cost-saving reform; liberals call it a cut, and one that they can't support.
"Voters across the political spectrum oppose cuts to Medicare, Medicaid, and Social Security benefits, and we must do whatever it takes to protect these vital benefits from cuts," wrote twenty lawmakers in a letter to the president.
At the local swearing-in ceremony for Rep. Hakeem Jeffries on Sunday night, Sen. Chuck Schumer was so effusive in his praise of Jeffries, and so sincere in lamenting that he lived two blocks outside of Jeffries' Brooklyn district, that Schumer's own representative in Congress piped up from the crowd.
Sen. Chuck Schumer called it "a major victory for the president" when Republicans decided to punt their debt ceiling fight last week, but Rep. Jerry Nadler isn't so sure.
"I think we can declare a partial victory, but only very partial," Nadler told me shortly after the decision was announced on Friday.
Two weeks after Rep. Jerry Nadler touched off a boom of speculation about a trillion-dollar coin, he's still looking for a way around the debt ceiling.
Nadler told Capital earlier this month that the president should consider minting a platinum coin worth one trillion dollars, in order to avoid being held hostage by House Republicans who have signaled they intend to extract deep spending cuts to authorize payment of the nation's bills.(1)
After a week of online agitating for the White House press corps to ask about the trillion-dollar coin solution to the debt ceiling, NBC reporter Chuck Todd finally broached it to press secretary Jay Carney this afternoon.
"I would simply go back to the option here is for Congress to do its job and pay its bills," said Carney, recalling the situation last summer when the country careened toward the debt limit, saying, "let's not even pretend that's an okay scenario."(1)
Rep. Jerry Nadler's endorsement of a trillion-dollar coin to dodge a fight over the debt ceiling has officially spread beyond the small group of liberal wonks who have used it to highlight the co-equal absurdity of Republican threats not to pay the nation's bills.
The Washington Post, the Wall Street Journal, and even Steven Colbert, analyzed the coin solution last night and this morning, as Republicans tried to use the coverage for campaign-related purposes.
The latest endorsement for the trillion-dollar coin idea comes from Paul Krugman, in a post titled "Be Ready to Mint that Coin."
A trillion-dollar-coin idea takes off, and a former head of the U.S. Mint doesn't see why it shouldn't
Rep. Jerry Nadler proposed issuing a trillion-dollar coin to circumvent an impending fight over the federal debt ceiling, and the idea has taken off.(8)
"It is time to call out the N.R.A. as enablers of mass murder and start embarrassing people and saying, 'Who do you stand with? The parents and children of this country or the potential mass murderers?'"(10)
Michael Bloomberg spent much of his radio show this morning questioning the argument for sea walls around New York City.
Mayor Michael Bloomberg isn't convinced that it would be worthwhile to spend billions of dollars on tidal barriers in an attempt to mitigate the impact of future superstorms on New York City's lower-lying neighborhoods.
Andrew Cuomo is reportedly headed down to Florida tomorrow, weather permitting, to campaign for President Obama. Cuomo's is the most closely watched surrogacy in New York, but other elected officials are making travel plans too. Senator Chuck Schumer will be traveling to Florida later this month, at the request of the Obama campaign.
At a press conference near the World Trade Center Monday, a handful of elected officials, union leaders and activists prepared for a "worst-cast scenario" in which Congress fails to reach a compromise to avoid across-the-board budget cuts that were part of last year's compromise to raise the federal debt ceiling.(1)