At first glance, manufacturing seemed to show signs of bipolarity in today’s economic releases. The Federal Reserve in Washington reported that production in manufacturing dropped 0.4 percent in January. That followed big back-to-back gains of 1.7 percent in November and 1.1...
Read more »Factories Show February Strength
Photograph by Andrew Harrer/Bloomberg
A police officer rides a bicycle past the Capitol on Feb. 12, 2013.
CBO Addresses Camp Criticism of Global Tax Study
The Congressional Budget Office says it should have sought more outside voices to look at a Jan. 8 report on international tax policy options. The nonpartisan agency responded today to concerns raised by Rep. Dave Camp, chairman of the House Ways and Means...
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Photograph by Mel Evans/AP Photo
Sen. Frank Lautenberg, the oldest member of the U.S. Senate, stands with his wife Bonnie Englebardt Lautenberg, as he waves to a gathering on Feb. 15, 2013, in his hometown of Paterson, N.J., where he announced plans to retire at the end of his current term.
Retiring Lautenberg is Senate’s Only Remaining World War II Veteran
New Jersey Democrat Frank Lautenberg’s decision not to seek re-election in 2014 almost assuredly will close an era in the U.S. Senate. With Lautenberg’s departure, the chamber won’t have any World War II veterans, barring the election in next year’s races of someone else...
Read more »Movie Spokesman Dodd Stresses Mental Health Resources in Curbing Violence
If nothing else comes out of the mass shooting at Newtown, Connecticut, at the least greater access to mental health services should be provided, says a spokesman for an industry that some blame for helping glorify violence. Chris Dodd, president of the Motion Picture...
Read more »Real Hearings, Real Debate for ’14 Budget?
Can regular order make a comeback? Senate Appropriations Committee Chairwoman Barbara Mikulski said she’s working with her counterpart in the House to come up with a strategy for going into the next fiscal year without the need for a continuing...
Read more »Lobbyists Get Head Start on Potential EU Trade Accord
From Bloomberg Government’s Congress Tracker blog More than two dozen companies, trade associations and farm groups already had a head start lobbying on a potential trade accord with the European Union when President Barack Obama announced in his Feb. 12 State...
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Photograph by SeongJoon Cho/Bloomberg
A United States Air Force Global Hawk drone, manufactured by Northrop Grumman Corp., is displayed during a media preview in Seongnam, South Korea, in this file photo.
Corporate Political Committees Funding 2014 Campaigns
For companies like Northrop Grumman Corp. and Comcast Corp., it’s never too early to make political action committee contributions to future elections. Federal Election Commission reports show company PACs made donations in December to candidates next facing the voters two...
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Sen. Frank Lautenberg, right, and Sen. Max Baucus arrive at the weekly Senate Democratic Policy Luncheon at the Capitol on Jan. 29, 2013.
Bloomberg by the Numbers: 13
That’s how many consecutive U.S. Senate elections Democrats have won in New Jersey. The Democratic winning streak began in 1976, when Harrison Williams was elected for the fourth and final time, and was extended in 2012, when Democrat Robert Menendez...
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