NY-SEN Candidate Holds Fund-Raiser With Paul Ryan

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David Malpass, one of three Republicans running for Senate from New York, held a fund-raiser yesterday morning with GOP budget guru Rep. Paul Ryan (R-WI).

The “intimate” fund-raiser, held in the office of financier Steven Klinsky in midtown New York, attracted about two dozen people, said a spokeswoman for Malpass. The spokeswoman, Jessica Proud, couldn’t say how much they raised, but an invitation published by the Times Union says the minimum donation was $1,500. The max was $4,800.Malpass and Ryan have been friends for years, Proud said. Malpass brought Ryan up to talk about — no surprise here — budget issues.

Malpass, the chief economist for Bear Stearns from 2001 until it collapsed in 2008, announced last week that he will challenge Sen. Kirsten Gillibrand (D-NY) for her seat. Malpass also worked in the Treasury Department and as a Congressional staffer during the Reagan and first Bush administrations.

Ryan, who is the ranking member of the budget committee, advocates partially privatizing Social Security and dismantling Medicare. He’s also a supporter of the value-added tax, or a national sales tax.

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