Political Capital
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Jonathan Salant

covers campaign finance and lobbying in Washington. He was president of the National Press Club and started in Washington in 1987.

Job seekers in San Francisco.

Photograph by David Paul Morris/Bloomberg

Job seekers in San Francisco.

Bloomberg by the Numbers: 1.3 Million

The failure of Congress to extend unemployment benefits means 1.3 million Americans will lose jobless aid beginning tomorrow. House Republicans refused to come up with the estimated $26 billion over two years to extend the program unless the money came from...

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A trader watches prices as monitors in the background show fireplaces on the floor of the New York Stock Exchange on Dec. 24, 2013.

Photograph by Stan Honda/AFP via Getty Images

A trader watches prices as monitors in the background show fireplaces on the floor of the New York Stock Exchange on Dec. 24, 2013.

Bloomberg By the Numbers: 1,833.32

The Standard & Poor’s 500 Index closed at 1,833.32 the day before Christmas, setting its third new high in a row. The stock index has risen 29 percent this year,  and is on course for its biggest annual rally since 1997....

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Shoppers at a mall in Troy, Michigan.

Photograph by Joshua Lott/Getty Images

Shoppers at a mall in Troy, Michigan.

Bloomberg By the Numbers: $17 Billion

On the last weekend day before Christmas, “Super Sunday” sales brought in more than $17 billion, according to retail consultant Craig Johnson. That exceeds the $15 billion recorded on the day after Thanksgiving, known as Black Friday. Many retailers kept their...

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People try to purchase health insurance under the Affordable Care Act at a kiosk setup at the Mall of Americas on Dec. 22, 2013 in Miami.

Photograph by Joe Raedle/Getty Images

People try to purchase health insurance under the Affordable Care Act at a kiosk setup at the Mall of Americas on Dec. 22, 2013 in Miami.

Health-Care Law Support Hits New Low, Poll Shows

Support for President Barack Obama’s signature health-care law has reached its nadir, according to a CNN/ORC International poll released today. The survey shows 62 percent of Americans opposing the law, the highest total since CNN began polling on the issue...

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An activist holds a poster of President Barack Obama as he blocks traffic on in Washington, D.C. on Dec. 5, 2013, during a protest.

Photograph by Charles Dharapak/AP Photo

An activist holds a poster of President Barack Obama as he blocks traffic on in Washington, D.C. on Dec. 5, 2013, during a protest.

Obama Job Ratings Drop into Bush Territory in Poll

The year 2013 hasn’t been kind to President Barack Obama, who finished with approval ratings that match those of his predecessor, George W. Bush. Just 41 percent of Americans approved of Obama’s performance as president in a CNN/ORC International survey...

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Senate Majority Leader Harry Reid, a Democrat from Nevada, in Washington, D.C., on Dec. 13, 2013.

Photograph by Andrew Harrer/Bloomberg

Senate Majority Leader Harry Reid, a Democrat from Nevada, in Washington, D.C., on Dec. 13, 2013.

Harry Reid Hospitalized ‘For Observation,’ Spokesman Says

Updated at 10:30 am EST The Senate convened this morning without Majority Leader Harry Reid, who is in the hospital  for observation and will miss today’s session. His spokesman, Adam Jentleson, said today that the Nevada Democrat, who turned 74 earlier this month,...

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A model of a F-16 fighter jet, manufactured by Lockheed Martin Corp., during the 13th Dubai Airshow at Dubai World Central on Nov. 18, 2013.

Photograph by Duncan Chard/Bloomberg

A model of a F-16 fighter jet, manufactured by Lockheed Martin Corp., during the 13th Dubai Airshow at Dubai World Central on Nov. 18, 2013.

Aerospace Industry Decries ‘Excessive Pursuit of Fiscal Austerity”

The defense aerospace industry, which includes contracting giants Lockheed Martin and Northrop Grumman, has been a strong financial supporter of congressional Republicans, allotting 63 percent of their campaign donations this year to the party’s candidates and committees. The Republicans’ insistence...

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Volunteers place grave markers on the National Mall as over 3,300 crosses, stars of David, and other religious symbols are placed to remember those affected by gun violence, on April 11, 2013 in Washington, DC.

Photograph by Mark Wilson/Getty Images

Volunteers place grave markers on the National Mall as over 3,300 crosses, stars of David, and other religious symbols are placed to remember those affected by gun violence, on April 11, 2013 in Washington, DC.

Americans Split Over New Gun Laws, Poll Shows

A year after 20 children and six adults were gunned down at a Connecticut elementary school, Americans are roughly divided over stricter gun control laws, according to a poll out today. The CNN/ORC International Survey showed 50 percent of respondents...

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An attendee visits the Northrop Grumman Corp. booth during the 28th National Space Symposium in Colorado Springs.

Photograph by Matthew Staver/Bloomberg

An attendee visits the Northrop Grumman Corp. booth during the 28th National Space Symposium in Colorado Springs.

Coalition of Industries and Advocates Fight Sequestration

The defense aerospace industry gave 60 percent of its donations to Republicans during the 2012 elections. The high-tech industry gave 59 percent of its contributions to the Democrats. Now, representatives of both industries are teaming up to push back on a...

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Secretary of State John Kerry walk alongside U.S. Ambassador to Israel Dan Shapiro, as he arrives in Israel for a private meeting with Prime Minister Benjamin Netanyahu on Nov. 8, 2013.

Photograph by Jason Reed-Pool/Getty Images

Secretary of State John Kerry walk alongside U.S. Ambassador to Israel Dan Shapiro, as he arrives in Israel for a private meeting with Prime Minister Benjamin Netanyahu on Nov. 8, 2013.

Some in Pro-Israel Community Support Iran Agreement

While most of the pro-Israel community engages in watchful waiting to see whether Iran lives up to the agreement negotiated with the U.S. and its allies, J Street is already lobbying for support for the deal on Capitol Hill. “We...

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