The City Council may be have been able to get a budget through on time this year, but not all of the Council can balance their own budgets new financial disclosure documents reveal. Jumaane Williams (D-Brooklyn), for instance, owes between $35,000 to $308,000 on seven credit cards thanks to a business in Park Slope that went bust while Councilman Michael Nelson (D-Brooklyn) owes $102,000 on four credit card, a number he tosses up to lavishing gifts on his late wife as she died of cancer. more ›

State Senate President Malcolm Smith, who was recently called out for his extravagant pork-barrel spending, may be in trouble again, after failing to record two lucrative property sales on mandatory financial disclosure forms. In 1995 Smith bought two adjoining plots at 230th Street in Queens through his company Smith M. Realty. Since then, he's sold both to a developer netting $500,000, but that profit went undisclosed in 2002 paperwork for the legislature, and was only nominally explained thereafter. Coinciding with an investigation, which also involves his recently terminated campaign treasurer Joan Flowers, the Democrat has hired a lawyer who told the Post his client is "honest," "decent" and "law-abiding." "They can subpoena all the documents in the world. They're not going to find any evidence of wrongdoing by Malcolm Smith," he said. more ›

Another day of Caroline Kennedy/Senate talk! The NY Times has a revelation: Most other city employees—even ones with "nominal" salaries like Mayor Bloomberg and former Deputy Mayor Daniel Doctoroff— must provide financial disclosures, yet Kennedy never did when she worked for the Department of Education. more ›