Political Capital

Danielle Ivory

A member of the Park Police places police tape in front of the Lincoln Memorial due to a partial government shut down in Washington, D.C., on Oct. 1, 2013.

Photograph by Joshua Roberts/Bloomberg

A member of the Park Police places police tape in front of the Lincoln Memorial due to a partial government shut down in Washington, D.C., on Oct. 1, 2013.

Contract Dispute? Hold that Thought

Government contractors will still be able to file protests of lost awards during the federal shutdown, but no one will be around to read them. The Government Accountability Office, which arbitrates federal contract disputes, is closed until the government reopens for business. The agency...

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In this handout provided by the Fort Worth Police Department, suspect Aaron Alexis poses for a mug shot after being arrested on September 4, 2010 for discharging a firearm inside city limits, a Class A misdemeanor in Fort Worth, Texas.

Photograph by Fort Worth Police Department via Getty Images

In this handout provided by the Fort Worth Police Department, suspect Aaron Alexis poses for a mug shot after being arrested on September 4, 2010 for discharging a firearm inside city limits, a Class A misdemeanor in Fort Worth, Texas.

USIS: Navy Yard Shooter’s Background Check Ours

Updated at 4:50 pm EDT At first, the U.S. government contractor that cleared Edward Snowden for top secret access said it didn’t vet the Washington Navy Yard shooter, Aaron Alexis, for his security clearance. Then it said it did. USIS,...

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A Sikorsky S-64 Aircrane firefighting helicopter drops water on a hotspot burning close to homes near Horsetooth Reservoir June 11, 2012 near Laporte, Colorado.

Photograph by Marc Piscotty/Getty Images

A Sikorsky S-64 Aircrane firefighting helicopter drops water on a hotspot burning close to homes near Horsetooth Reservoir June 11, 2012 near Laporte, Colorado.

Neptune Withdraws Contract Protest for Firefighting Air Tankers

Neptune Aviation Services has withdrawn its protest of a U.S. Forest Service contract, allowing the agency to purchase seven air tankers, according to Mike Saccone, spokesman for Sen. Mark Udall. The contract is valued at about $60 million over five years. Udall, a Colorado...

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A construction worker makes final adjustments to a large autoclave at Alliant Techsystems Inc.'s ATK Aerospace Structures - ACCW Facility. Alliant is the largest supplier of rifle rounds to the U.S. military.

Photograph by George Frey/Bloomberg

A construction worker makes final adjustments to a large autoclave at Alliant Techsystems Inc.'s ATK Aerospace Structures - ACCW Facility. Alliant is the largest supplier of rifle rounds to the U.S. military.

Revenue Decreases for 40% of U.S. Contractors, Survey Says

Government contractors are experiencing more decreases in revenue than increases for the first time in at least 18 years. Thirty-eight percent of federal contractors saw a decrease in revenue in 2012 from the previous year, according to a Grant Thornton...

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Mike Petters, president and CEO of Huntington Ingalls Industries Inc.

Photograph by Christopher Powers/Bloomberg

Mike Petters, president and CEO of Huntington Ingalls Industries Inc.

Huntington CEO Doesn’t See Need for You-May-Be-Fired Notices

The chief executive officer of Huntington Ingalls Industries Inc. says he doesn’t think it would serve the company’s purposes to issue mass-dismissal warnings to workers even if U.S. spending cuts occur later this year. “We are much more of a long-term business,” said...

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Oil from the BP spill floats in the Gulf of Mexico near Orange Beach, Alabama.

Photograph by Kari Goodnough/Bloomberg

Oil from the BP spill floats in the Gulf of Mexico near Orange Beach, Alabama.

BP’s Revenue Dwarfs Contracts and Criminal Settlement

Washington is buzzing about BP Plc’s recent suspension from winning new U.S. government contracts. A few figures to provide some perspective on the oil company, which agreed to plead guilty to criminal charges after the worst oil spill in U.S....

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Fire boat response crews battle the blazing remnants of the off shore oil rig Deepwater Horizon in the Gulf of Mexico near New Orleans, Louisiana.

Photograph by U.S. Coast Guard via Getty Images

Fire boat response crews battle the blazing remnants of the off shore oil rig Deepwater Horizon in the Gulf of Mexico near New Orleans, Louisiana.

BP’s Case for `Responsibility’ at EPA

The Environmental Protection Agency has slapped BP Plc with a temporary ban on new government contracts, telling the world the company showed a “lack of business integrity” after the nation’s largest oil spill, in the Gulf of Mexico. Now, BP...

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Loaves of Wonder Bread at the Hostess Brand Inc. bakery in Sacramento, California. Photograph by Ken James/Bloomberg

Loaves of Wonder Bread at the Hostess Brand Inc. bakery in Sacramento, California. Photograph by Ken James/Bloomberg

Pentagon Twinkies Supply Route Cut

The Pentagon may need to find another vendor to satisfy its sweet tooth. Hostess Brands Inc., the bankrupt maker of Wonder Bread and Twinkies that has said it will fire more than 18,000 workers and liquidate after a strike crippled...

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President of Taxpayers for Common Sense, Ryan Alexander, testifies during a hearing on Capitol Hill in 2011. Photograph by Alex Wong/Getty Images

President of Taxpayers for Common Sense, Ryan Alexander, testifies during a hearing on Capitol Hill in 2011. Photograph by Alex Wong/Getty Images

Budget Watchdog to Congress: Do Bare Minimum, Then Get Out

“Punt and go home.” That’s the message that Taxpayers for Common Sense wants to send to lawmakers. Ryan Alexander, president of the Washington-based non-partisan budget watchdog organization, said in a Nov. 14 open letter to Congress that lawmakers should do the...

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