2018 NY Senate race: on Budget & Economy


Charles Schumer: Measure distribution of growth, not just overall GDP growth

Many Americans are struggling in ways that seem out of step with a booming economy: 40% of American families struggled to meet at least one of their basic needs, including buying food, paying medical bills, or covering utility bills, rent, or mortgage.

But those gaps don't show up in official measurements like the GDP, which measures growth in the overall economy. Now Democratic Sens. Chuck Schumer and Martin Heinrich are trying to change that. The idea, they say, is to shed light on where economic prosperity is showing up across different income groups--and, potentially, where it's not.

Their new bill, the Measuring Real Income Growth Act, would require reporting how GDP growth is distributed along the income scale. The bureau that reports overall GDP would have to put together distributional measures of economic growth to be released with quarterly and annual GDP reports starting in 2020, laying out how growth shows up across each decile of earners and the top 1 percent.

Source: Vox.com on 2018 New York Senate race Aug 28, 2018

Chele Farley: NY can no longer afford to be a donor state; keep money here

One of the main issues Farley has so far discussed is New York's status as a donor state. A donor state is one that pays more in federal taxes than it receives in federal aid. New York sends at least $40 billion more to Washington than it receives in federal funding, according to Farley. "That's appalling," Farley said. "because our infrastructure is crumbling." "Bridges are falling apart, our tunnels, our roads. The pipes are crumbling. We need to bring NY's money back to NY," she said.
Source: ArtVoice.com on 2018 New York Senate race Mar 13, 2018

  • The above quotations are from 2018 New York Senate race: debates and news coverage.
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  • Click here for more quotes by Kirsten Gillibrand on Budget & Economy.
Candidates and political leaders on Budget & Economy:

Democrats running for President:
Sen.Michael Bennet (D-CO)
V.P.Joe Biden (D-DE)
Mayor Mike Bloomberg (I-NYC)
Gov.Steve Bullock (D-MT)
Mayor Pete Buttigieg (D-IN)
Sen.Cory Booker (D-NJ)
Secy.Julian Castro (D-TX)
Rep.John Delaney (D-MD)
Rep.Tulsi Gabbard (D-HI)
Sen.Amy Klobuchar (D-MN)
Mayor Wayne Messam (D-FL)
Gov.Deval Patrick (D-MA)
Sen.Bernie Sanders (I-VT)
CEO Tom Steyer (D-CA)
Sen.Elizabeth Warren (D-MA)
Marianne Williamson (D-CA)
CEO Andrew Yang (D-NY)

2020 Third Party Candidates:
Rep.Justin Amash (L-MI)
CEO Don Blankenship (C-WV)
Gov.Lincoln Chafee (L-RI)
Howie Hawkins (G-NY)
Gov.Gary Johnson(L-NM)
Howard Schultz(I-WA)
Gov.Jesse Ventura (I-MN) 		Republicans running for President:
Sen.Ted Cruz(R-TX)
Gov.Larry Hogan (R-MD)
Gov.John Kasich(R-OH)
V.P.Mike Pence(R-IN)
Gov.Mark Sanford (R-SC)
Pres.Donald Trump(R-NY)
Rep.Joe Walsh (R-IL)
Gov.Bill Weld(R-MA & L-NY)

2020 Withdrawn Democratic Candidates:
Sen.Stacey Abrams (D-GA)
Mayor Bill de Blasio (D-NYC)
Sen.Kirsten Gillibrand (D-NY)
Sen.Mike Gravel (D-AK)
Sen.Kamala Harris (D-CA)
Gov.John Hickenlooper (D-CO)
Gov.Jay Inslee (D-WA)
Rep.Seth Moulton (D-MA)
Rep.Beto O`Rourke (D-TX)
Rep.Tim Ryan (D-CA)
Adm.Joe Sestak (D-PA)
Rep.Eric Swalwell (D-CA)
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Page last updated: Dec 01, 2021