Wednesday, July 20, 2011
Council Members Rack up Debt -- Koppell Near Top of List
Despite a salary of over $112,000 for a part-time job, many members of the City Council seem to still rack up a good amount of credit card debt. The categories are so ridiculously broad that it can be hard to determine what they really owe, but one Councilman from Brooklyn (Jumane Williams) has debt of between $35,000 to $308,000. Bronx Councilman Oliver Koppell lists $160,000 on 3 credit cards. His comment was "I get offers for zero percent interest," he said. "It's sort of too good to pass up."