Political Capital

Daily Archives: December 11, 2012


Elon Musk, chief executive officer of Space Exploration Technologies Corp. (SpaceX) and Tesla Motors Inc.

Photograph by Ramin Talaie/Bloomberg

Elon Musk, chief executive officer of Space Exploration Technologies Corp. (SpaceX) and Tesla Motors Inc.

SpaceX President Sees No Immediate Budget Resolution

The president of Space Exploration Technologies Corp., known as SpaceX and headed by billionaire Elon Musk, said next year will be “huge” for the company despite the threat of the so-called fiscal cliff. Gwynne Shotwell said she doesn’t see a...

Read more »


A U.S. military transportation vehicle at the Port of Beaumont upon return from deployment overseas.

Photograph by Aaron M. Sprecher/Bloomberg

A U.S. military transportation vehicle at the Port of Beaumont upon return from deployment overseas.

Defense Cuts, More Around the Cliff — Add That, `Budgeteers’

Don’t forget about the other sequester. While all eyes are on the so-called fiscal cliff, a second round of automatic spending cuts, one that will carve $11 billion out of the Pentagon’s budget, is set to kick in shortly after...

Read more »


House Speaker John Boehner of Ohio leaves his office and walks to the House floor to deliver remarks about negotiations with President Obama on the fiscal cliff, on Dec. 11, 2012, on Capitol Hill in Washington.

Photograph by J. Scott Applewhite/AP Photo

House Speaker John Boehner of Ohio leaves his office and walks to the House floor to deliver remarks about negotiations with President Obama on the fiscal cliff, on Dec. 11, 2012, on Capitol Hill in Washington.

Boehner: Get `Serious’ on Spending — White House: `Very Specific’

House Speaker John Boehner says he’s still waiting for the White House to get “serious” about spending cuts. “Where are the president’s spending cuts?” Boehner, an Ohio Republican, asked on the House floor toda, adding that he is still “hopeful” the...

Read more »

Demonstrators crowd in to the rotunda inside the Capitol building in Lansing, Michigan, on Dec. 11, 2012.

Photograph by Jeff Kowalsky/Bloomberg

Demonstrators crowd in to the rotunda inside the Capitol building in Lansing, Michigan, on Dec. 11, 2012.

Union Member: `Civil War’ in Michigan’s Right to Work Debate

As an estimated 10,000 people surrounded the Michigan Statehouse today, an Americans for Prosperity white tent was ripped down and tables overturned, with supporters of labor awaiting action on right-to-work laws inside. The Capitol in Lansing was ringed with protestors,...

Read more »

Rocky, a mechanical "robo-squirrel," at Hampshire College in Amherst, Mass., on the campus.

Photograph by Nancy Palmieri/AP Photo

Rocky, a mechanical "robo-squirrel," at Hampshire College in Amherst, Mass., on the campus.

McConnell: Deficit Robo-Squirrely

Another day, another “squirrely” Senate floor speech. With time running out to avoid the so-called fiscal cliff, the Senate is hard at work discussing Robo-squirrel. Rhetoric on both sides of the aisle is heating up in the Senate, where Majority...

Read more »

Vice President Joe Biden during the coin toss before a game between the Army Black Knights and the Navy Midshipmen on Dec. 8, 2012 at Lincoln Financial Field in Philadelphia, Pennsylvania.

Photograph by Hunter Martin/Getty Images

Vice President Joe Biden during the coin toss before a game between the Army Black Knights and the Navy Midshipmen on Dec. 8, 2012 at Lincoln Financial Field in Philadelphia, Pennsylvania.

Biden Eats Lunch: Public and Private

Joe Biden is back. It’s not only President Barack Obama who has won re-election. The irrepressible vice president has a new lease on the Naval Observatory. “There is in, quote, the neighborhood we come from, $2,000 to $4,000 less in...

Read more »

Virgilio Marquina and other protesters rally together outside the office of U.S. Sen. Marco Rubio on Dec. 10, 2012 in Doral, Florida.

Photograph by Joe Raedle/Getty Images

Virgilio Marquina and other protesters rally together outside the office of U.S. Sen. Marco Rubio on Dec. 10, 2012 in Doral, Florida.

Washington Daybook: Fiscal Focus

Lawmakers return today to focus on the U.S. government’s fiscal policy dispute, as President Barack Obama and House Speaker John Boehner attempt to prevent looming spending cuts and tax increases. Lines are being drawn. Democratic congressmen Sen. Tom Harkin, Sen....

Read more »