From Bloomberg Government’s Congress Tracker blog How much is “brutal”? Lawmakers agree that the automatic spending cuts slated to begin March 1 will be big and painful — President Barack Obama yesterday called them “brutal” — though exactly how big...
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Photograph by Daniel Acker/Bloomberg
A hull section of a U.S. Navy Littoral Combat Ship (LCS) sits in a paint booth during a facility tour in Marinette, Wisconsin, on Feb. 11, 2013.
The Math Behind the Sequester
Lobbyists to Congress on Valentine’s Day: Will You Be Mine?
A portion of the money that sweethearts spend on Valentine’s Day will help companies that sell candy, flowers and cards spread their own love around Capitol Hill. Bloomberg Government analyst Peter Brusoe examined the lobbying costs of companies expected to...
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Photograph by Andrew Harrer/Bloomberg
Demonstrators in favor of the Affordable Care Act stand outside the Supreme Court building on June 28, 2012.
Obama Says Health Law Cutting Costs; CBO Chief Isn’t So Sure
From Bloomberg Government’s Congress Tracker blog President Barack Obama said in his State of the Union address that his health-care overhaul is taming costs, though Congress’s top budget advisor isn’t so sure. Douglas Elmendorf, director of the nonpartisan Congressional Budget...
Read more »U.S. Role in Highways Questioned, Answered
The determination to really, finally agree on a long-term plan for highway, waterways and rail improvements and figure out how to pay for them will be on display this week — regardless of whether President Barack Obama makes that perennial...
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Photograph by Joe Raedle/Getty Images
A woman waits for a bus in a flooded street in Miami Beach, Florida, from unusually high tides that some think are due to rising seas caused by climate change.
Range of Change: Obama to Signal Extent of Climate Push
President Barack Obama is sure to bring up climate change in the State of the Union address, energy consultants say, though there’s no consensus on how much emphasis he’ll give to the subject. “They’re going back and forth about how...
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Photograph by Andrew Harrer/Bloomberg
Demonstrators in favor of the Affordable Care Act hold up signs outside the Supreme Court building after the court's ruling in Washington on June 28, 2012.
Last Chance: States’ One Shot at Exchange Control Looms
This week will be the last opportunity for states to retain some control over the new health insurance markets being readied for 2014 as part of the U.S. Affordable Care Act. States still on the fence about building the exchanges...
Read more »Bill to Limit Too-Big-to-Fail Bank Risk Prepared in House
Rep. John Campbell plans to offer legislation aimed at reducing the size of “too-big-to-fail” banks by requiring them to hold more capital including long-term debt. Campbell’s bill comes as a number of lawmakers and regulators from both parties — including Federal Reserve Governor Daniel...
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Photograph by Alex Wong/Getty Images
Massachusetts Governor Deval Patrick and Secretary of State John Kerry during the re-enactment of the swearing-in of Senator William 'Mo' Cowan on Feb. 7, 2013 at the Old Senate Chamber of the Capitol.
Cowan Holds Kerry’s Seat, But Not His Desk
From Bloomberg Government’s Congress Tracker blog: William “Mo” Cowan took John Kerry’s seat. Who gets his desk? Each senator is assigned a desk on the chamber floor, and Kerry — who represented Massachusetts for 28 years and is now secretary...
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Photograph by Photographer's Mate Third Class (AW/SW) Danny Ewing Jr./U.S. Navy via Bloomberg
Flight deck personnel direct an aircraft onto Catapult Four after an S-3B Viking, assigned to Anti-submarine Squadron Two Two, takes off from the flight deck of the U.S. Navy's aircraft carrier USS Harry S. Truman in this file photo.
USS Truman: Sequestration Mission
The USS Harry S. Truman has been assigned a difficult mission with an uncertain outcome: Stay in port to help protect the Pentagon from sequestration. With the automatic spending cuts set to take effect on March 1 unless President Barack...
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Photograph by Andrew Harrer/Bloomberg
Chuck Hagel, nominee for U.S. secretary of defense, listens to a question during a Senate Armed Services Committee hearing in Washington on Jan. 31, 2013.
Panel Said to Plan Hagel Vote Tomorrow
From Bloomberg Government’s Congress Tracker blog: Senate Armed Services Committee Chairman Carl Levin will seek a vote by the panel tomorrow on Chuck Hagel’s nomination as Defense secretary, according to a committee aide who asked not to be identified. Senate...
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