News

  September 23, 2008, 10:25 am

Kryzan up on Lee in DCCC Poll

By Hill Staff
A new poll from the Democratic Congressional Campaign Committee (DCCC) shows Democratic candidate Alice Kryzan leads Republican Chris Lee, 39 percent to 29 percent in New York's 26th Congressional District.

The poll, conducted September 15-17, shows a substantial 32 percent of voters as undecided. The survey of 400 voters has a 4.9 percent margin of error.

Kryzan upset DCCC-backed Jon Powers earlier this month in the district's Democratic primary, and has since garnered significant backing from the DCCC, as well as an endorsement from the pro-choice EMILY's List.

"This poll shows that just 42 days before Election Day, Alice Kryzan is in good position to win," DCCC spokeswoman Carrie James said. "Alice Kryzan has the independence and integrity to represent Western New York in Congress and this poll shows a clear path to victory."

"The poll is dead wrong, just like Alice Kryzan's liberal positions on wanting to raise taxes on Western New Yorkers," said Lee campaign spokeswoman Andrea Bozek. "It is clear the Democrats are scrambling to make up for their serious miscalculation in the primary."

Lee and Kryzan are running to replace retiring Rep. Tom Reynolds (R) in the suburban Buffalo district.

-Michael O'Brien
Archived under: News, News/Campaigns, News/Campaigns/Congressional Campaigns
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  September 23, 2008, 9:56 am

Inhofe: Senate Will Likely Block Paulson's Bailout

By Hill Staff
Fresh skepticism over the Bush administration's $700 billion proposed bailout plan has moved at least one GOP senator to suggest the plan will be blocked in the Senate.

"There is a good chance it will be stopped," said Sen. Jim Inhofe (R-Okla.), soon after Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke spoke before the Senate Banking Committee to lobby senators for support. Inhofe said he was still digesting the committee's testimony, but said "my first reaction is not positive at all."

Specifically, Inhofe said the plan's cost and rushed timetable are leaning him against supporting it. Read more...
Archived under: News, News/Legislation, News/Legislation/Economy & Budget
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  September 23, 2008, 9:52 am

Financial Lobbyists Warn against Bankruptcy Provisions in Bailout Bill

By Hill Staff
A coalition of financial lobbyists on Tuesday sent a terse letter to Congress, urging House and Senate members against including bankruptcy provisions in the pending $700 billion Wall Street bailout bill.

The letter by 12 organizations including the American Bankers Association, the Financial Services Roundtable, the Independent Community Bankers of America, the National Home Builders Association and the U.S. Chamber of Commerce objects to provisions known as Read more...
Archived under: News, News/Legislation, News/Lobbying, News/Lobbying/Economy & Budget
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  September 23, 2008, 9:08 am

Obama Hits McCain for Owning 13 Cars, One Foreign

By Chris Good
Barack Obama will air a TV ad in Michigan, beginning tomorrow, criticizing John McCain for owning 13 cars, one of them (his daughter's) foreign.

McCain has caught heat for buying his daughter, Meghan McCain, a Toyota Prius, despite claims that he's bought American his entire life. Newsweek first reported flak from United Auto Workers President Ron Gettelfinger Monday. McCain had said last year that he bought the car, but told the Detroit Free Press this month that Meghan bought it herself, to Gettelfinger's displeasure.

The Obama campaign is seeking to capitalize on Michigan's anti-foreign-auto sentiments, as it is home to America's largest auto manufacturers. Obama leads McCain in the battelground state by an average of five percentage points.



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  September 23, 2008, 8:53 am

Rohrabacher Says Forcing Cox Resignation is 'Dishonest'

By Hill Staff
John McCain's call for the resignation of Securities and Exchange Commission Chairman Chris Cox is "dishonest," Rep. Dana Rohrabacher (R-Calif.) said Monday.

Archived under: News, News/Campaigns, News/Campaigns/Economy & Budget, News/Campaigns/Presidential Campaigns, News/Lawmaker News, News/Lawmaker News/Administration, News/Lawmaker News/Corporate Governance, News/Lawmaker News/Economy & Budget, News/Legislation, News/Legislation/Administration, News/Legislation/Corporate Governance, News/Legislation/Economy & Budget
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  September 23, 2008, 8:50 am

Pence: Wasserman-Schultz and I Are 'Real' Friends

By Chris Good
Rep. Mike Pence (R-Ind.) says he and Rep. Debbie Wasserman Schultz (D-Fla.) are "real" friends--not in the sense, Pence says, that politicians usually use the word.

"Debbie...is actually a real friend of mine, not just what we call up here a 'good friend,'" Pence told MSNBC's Chris Matthews yesterday.

Pence and Wasserman Schultz both appeared on MSNBC to debate the GOP's advocacy for privatizing Social Security. The two took opposite stances, and Pence's affirmation of their "real" friendship came as they disputed the implications of Wall Street's crisis on the privatization argument. Read more...
Archived under: News, News/Lawmaker News
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  September 23, 2008, 7:22 am

Clinton: I Predicted Wall Street Crisis in 2007

By Chris Good
Sen. Hillary Rodham Clinton (D-N.Y.) told CBS's "The Early Show" this morning that she predicted Wall Street's current crisis 18 months ago.

"I talked about this for 18 months," Clinton told CBS. "I said, 'This is coming. We've got a big problem. We've got to figure out what to do about these mortgages. We have to rein in the banks, we need new regulation."

Home loans and the subprime crisis were a main focus of Clinton's Democratic primary campaign, as she pushed for mortgage reforms in economic stump speeches since 2007. Clinton told CBS she had warned of a Wall Street collapse resulting from bad mortgages, but that the Bush administration refused to listen to her. Read more...
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  September 23, 2008, 5:57 am

McCain Ad Knocks Obama and Dems' Leadership on Market Crisis

By Walter Alarkon
John McCain's campaign has a new ad criticizing Barack Obama and Democrats for providing little leadership on the Wall Street crisis.

"Obama and his liberal allies? Mum on the market crisis," an announcer says in the spot.

The ad portrays Obama and the Democratic-led Congress as being indecisive on a response to the financial sector's mess. It cites Senate Majority Leader Harry Reid's (D-Nev.) remark last week that "no one knows what to do."

Read the script and watch the ad below.

Script For "Mum" (TV :30)

ANNCR: In crisis, experience matters.

McCain and his Congressional allies led.

Tough rules on Wall Street.

Stop CEO rip-offs.

Protect your savings and pensions.

Obama and his liberal allies? Mum on the market crisis.

Because no one knows what to do.

More taxes.

No leadership.

A risk your family can't afford.

JOHN MCCAIN: I'm John McCain and I approve this message.


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  September 23, 2008, 5:45 am

Obama Ad: McCain Trip 'More Than a Vacation'

By Hill Staff
Bermuda is "more than just a vacation destination for John McCain" according to a new ad released by the Barack Obama campaign Tuesday.

The ad charges that during a trip to Bermuda, McCain made a deal with companies to preserve tax loopholes that allow them to keep their money offshore. "And grateful insurance company executives and their lobbyists who benefit from the tax scheme, gave McCain $50,000," the announcer in the ad says.

The ad will run nationally on cable television.

Watch it here.

-Michael O'Brien
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  September 22, 2008, 2:14 pm

N.H. Dem. Party Files FEC Complaint Against former Rep. Bradley

By Hill Staff
Former Rep. Jeb Bradley (R-N.H.) is accused of violating federal election laws by failing to display information about who paid for a recent ad, according to a Federal Election Commission (FEC) filing today.

New Hampshire Democratic Party Chair Raymond Buckley filed a complaint with the FEC alleging that Bradley violated election laws by failing to display a written disclaimer at the end of a television ad saying that he paid for the ad and approved of its message. Instead, Bradley's statement occurs at the beginning of the ad, which Buckley said violated the law.

"Rather than obey the law and take responsibility for his ad as required by law, Bradley violated [it]," Buckley wrote in the complaint.

Buckley asked the FEC to investigate and penalize Bradley, seeking "civil penalties commensurate with the amounts spent on the advertising."

Bradley is locked in a close race with Rep. Carol Shea-Porter (D) in New Hampshire's 1st District. Bradley, who was unseated by Shea-Porter in the Democratic landslide of 2006, hopes to reclaim his seat in this fall's rematch against Shea-Porter.

-Michael O'Brien
Archived under: News, News/Campaigns
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