Minority Leader Nancy Pelosi announced to her caucus she is staying on as the top House Democrat, sources in a Wednesday morning meeting said.
“She will continue to lead a united Democratic Caucus that will play a crucial role in developing a responsible deficit reduction package — working with President Obama and our colleagues in the Senate — that protects Social Security and Medicare, the middle class and children, while asking the wealthiest Americans to pay their fair share,” a source close to Pelosi said.
Budget Committee ranking member Chris Van Hollen, D-Md., said he was pleased. “I think it’s a great decision,” he said.
The decision by Pelosi continues her 10-year reign of the House Democrats and thwarts ambitions of her second-in-command and sometimes rival, Minority Whip Steny H. Hoyer, D-Md.
Additionally, Rep. Steve Israel of New York is expected to remain at the helm of the Democratic Congressional Campaign Committee for a second cycle. Pelosi told caucus members, “I’ll stay if Steve Israel stays on at the DCCC,” according to a source.
Leaders from military and veterans service organizations joined Sens. Roger Wicker, R-Miss., Kelly Ayotte , R-N.H., and Lindsey Graham, R-S.C., at a press conference to urge the Senate to replace a provision in the budget proposal that cuts retirement benefits for veterans. Wicker, Ayotee, and Graham earlier called for a bipartisan solution to replace the $6.3 billion in cuts to military retiree benefits.
Each year since 1990, CQ Roll Call has reviewed the financial disclosures of all 541 senators, representatives and delegates to determine the 50 richest members of Congress. This year's report, derived from forms covering the calendar year 2012, shows it took a net worth of $6.67 million to crack the exclusive club.