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Steve Israel on Principles & Values

Democratic Representative (NY-2)


6th on list of "10 Poorest Members of Congress"

Members of the second-most-exclusive club in Congress don't reside in the poor house, but unlike the 50 richest members, the 10 "poorest" are seriously in debt.

Eight Democrats and two Republicans ranked at the bottom of the list of the 535 lawmakers in the House and Senate in our annual calculations for the 50 Richest project.

These public officials have significant assets and might actually be considered wealthy by some, but they have the smallest minimum net worths because they all hold massive debts and liabilities of at least $500,000, including obligations such as mortgages on multiple homes, overdue taxes and legal fees.

6th Poorest: Steve Israel: -$795,000

Israel has a mixture of mortgages, credit card debt and assumed student loans from his children that make up more than $800,000 in liabilities. The New York Democrat also has a small bank account worth less than $1,000 and a retirement account worth more than $15,000.

Source: Jay Hunter on RollCall.com, "10 Poorest Members of Congress" , Sep 20, 2013

Supports Hyde Park Declaration of "Third Way" centrism.

Israel adopted the manifesto, "A New Politics for a New America":

As New Democrats, we believe in a Third Way that rejects the old left-right debate and affirms America’s basic bargain: opportunity for all, responsibility from all, and community of all.