Election and next term
The Brady Campaign is rejoicing. The New York Times announces that New York (led by Chuck Schumer, the "giant of Brooklyn") is back in power and that Rep. Charles Rangel, likely future chair of Ways and Means, "sketched out an expansive federal agenda: Teaming up with Mayor Michael R. Bloomberg on gun control, passing new tax incentives for urban job programs, and redirecting federal money to New York in return for the outsize tax collections that the federal government makes here."
Yup, this is the same spiel where he uttered the famous “Mississippi gets more than their fair share back in federal money, but who the hell wants to live in Mississippi?” Of course NY comes off worse than MS in terms of federal taxes collected vs. those spent. Federal income tax is progressive -- individuals, and states, with high incomes payment. Federal civilian expenditures are (hopefully) the other way round -- less goes to rich states and more to poor. Apparently the NY delegation finds that liberal financial principle objectionable when applied to them.
UPDATE: Here's an article from the LA Times on the new Demo majorty and the gun issue.