President Barack Obama has stressed his refusal to renew expiring tax cuts for the rich. Democrats are encouraged. But as the so-called “fiscal cliff” looms ever closer — the year-end showdown on the debt ceiling and the nation’s borrowing authority...
Read more »
Obama’s Stock Rising While GOP Struggles to Recover from Debt Showdown
Photograph by Michael Williamson/The Washington Post via Getty Images
The Pleasants Power Station operated by Allegheny Energy is one of several coal-fired power plants that operate along the Ohio River.
Rockefeller’s ‘Harsh’ Rhetoric on Coal Surprises Industry
West Virginia Democratic Senator Jay Rockefeller took aim at one of his state’s biggest industries, criticizing coal-industry executives, who “pine for the past.” Rockefeller offered his criticisms in the run-up to a vote yesterday in the Senate on a resolution to scrap regulation...
Read more »
Photograph by Sebastiano Tomada/Sipa USA AP Images
A U.S. Air Force Joint terminal attack controller (JTAC) soldier on patrol in a remote village in Kunar's Pech River Valley.
McCain Opens Door to Revenue Hike to Avoid Defense Cuts
Republican Senator John McCain signaled support today for some kind of revenue boost to avoid automatic defense cuts slated to take effect in January. Citing a Republican deficit-reduction plan last year that included new tax revenue, McCain said, “That could...
Read more »
Photographer: Joe Raedle/Getty Images
Mitt Romney at his last campaign rally in Holland State Park on June 19, 2012 in Holland, Michigan.
Bain & Co. — Not Bain Capital — Opening Washington Office
Bain & Co. Inc., a Boston-based management consulting firm, is coming to Washington at the same time a similarly named company, the private equity firm Bain Capital LLC, is very much in the news. The two share the same name...
Read more »
Photograph by Alex Menendez/AP Photo
A banner with President Barack Obama and Mitt Romney prior to the NALEO (National Association of Latino Elected and Appointed Officials) conference in Orlando.
The Obama-Romney Florida Ebb and Flow
Can you say, “Hanging Chads?” Hopefully for all concerned — as well as the Republic in general — the 2012 presidential election won’t replicate the 2000 race and hinge on a torturous, prolonged recount in the Sunshine State. But we...
Read more »
Photograph by Valentin Flauraud/Bloomberg
Shopping
Magic Number of the Day: 22
That’s the share of people who think the U.S. economy is improving, compared to 33 percent who say it’s getting worse and 43 percent who say it’s staying the same, according to the Bloomberg Consumer Comfort Index. The 11-point gap...
Read more »
hotograph by Mark Davis/Getty Images for American Giving Awards
will.i.am performs at the American Giving Awards in Los Angeles.
Making Sweet Music Together
Burt Bacharach and will.I.am of the Black Eyed Peas both make music, though that’s about the only thing they have in common. Until now. Both men are among the donors to the joint fundraising committee supporting President Barack Obama’s re-election...
Read more »
Photograph by Alex Brandon/AP Photo
Cooling off with a sprinkler on the National Mall in front of the Washington Monument.
Washington Daybook: Bringing the Heat
On the first full day of summer, temperatures in Washington are forecast to top 100 degrees today, and as President Harry S. Truman used to day, if you can’t stand the heat, get out of the kitchen. The U.S. Supreme...
Read more »
Photograph by Jin Lee/Bloomberg
Two men with their marriage license after their wedding ceremony at the Manhattan City Clerk's office in New York.
Obama Endorsement of Gay Marriage Prompted Campaign Cash Wave
Money poured into President Barack Obama’s campaign coffers as he announced his support for gay marriage, making May 9 one of the top fundraising days of his re-election effort. New Federal Election Commission reports show his campaign collected $1.8 million, more...
Read more »
Contributors
-
Al Hunt
is a columnist for Bloomberg View and host of the weekly show "Political Capital with Al Hunt" on Bloomberg TV. -
Mark Silva
is deputy managing editor for government news in Washington and editor of Political Capital. He has covered the White House and national politics. -
Emma Fidel
is political editor for Bloomberg.com in Washington. She previously covered financial regulation as a Bloomberg intern. -
Don Frederick
edits political and government coverage for Bloomberg News. He previously worked for more than a decade at the Los Angeles Times' Washington bureau. -
Gregory Giroux
analyzes elections, financing of congressional and presidential elections, political advertising and demographics in Bloomberg's Washington Bureau. -
Julie Bykowicz
covers the influence of money and lobbying in Washington, and covered the state legislature and city crime for the Baltimore Sun for 10 years. -
Jonathan Salant
covers campaign finance and lobbying in Washington. He was president of the National Press Club and started in Washington in 1987. -
Richard Rubin
covers federal tax policy. He worked at Congressional Quarterly and The Charlotte Observer before joining Bloomberg News in 2010. -
Stephanie Green
is a writer and photographer for Bloomberg Muse, the arts and leisure section of Bloomberg News. She has also written for The Washington Post, The Huffington Post and The Washington Times. -
Julie Hirschfeld Davis
is a senior political reporter for the Washington Bureau. She covered the 2012 campaign for Bloomberg News and previously covered the White House for the Baltimore Sun. -
Lisa Lerer
covers the White House and covered the 2012 campaign for Bloomberg News. She covered Congress, lobbying and the 2008 campaign for Politico. -
John McCormick
is a national political reporter looking forward to the 2016 presidential campaign, which will be the fifth he's covered. He's also reported for The Des Moines Register and Chicago Tribune. -
Julianna Goldman
covers the White House for Bloomberg News and Bloomberg Television. -
Hans Nichols
covers the White House for Bloomberg News and Bloomberg Television. -
Margaret Talev
covers the White House for Bloomberg News and covered the White House for McClatchy Newspapers. She has covered California and Florida politics. -
Cary O'Reilly
is Editor at Large at Bloomberg First Word and is Washington Daybook columnist for Bloomberg Government and Bloomberg News.
