NY Rep. Michael Grimm pleads guilty to tax fraud

In a Brooklyn federal court on Tuesday, Representative Michael Grimm pleaded guilty to one count of tax fraud. His guilty plea comes a month after he was re-elected for a third term. Grimm was indicted for under-reporting the payroll of his restaurant Healthalicious. He pleaded not guilty in federal court and was later released on bond. Mr. Grimm apologized for his actions and said what he did was wrong, but said he does not plan to step down.

Minority Leader Nancy Pelosi demanded that Speaker Boehner must insist that Grimm resign immediately. Mr. Grimm had pledged in April to fight the charges “tooth and nail,” but also asked to be removed from his post on the House Financial Services Committee while he dealt with his legal matters. A felony conviction does not disqualify a person from serving in Congress, other than under the 14tth Amendment or for certain treasonous acts. it would take a rare vote by his fellow lawmakers to expel him from the House. Republicans were at least prepared in advance to push back against Democrats’ inevitable attack that the GOP was keeping a convicted felon among its ranks. Grimm’s sentencing was set for June 8, guaranteeing that he will be free and able to serve in Congress at least until then. READ MORE…

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