Written with Peter Cook The scandal at the Internal Revenue Service is emboldening the chief congressional proponents for rewriting the tax code, they said in an interview with Bloomberg Television. “This actually leads to new momentum for tax reform,” said...
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Photograph by Andrew Harrer/Bloomberg
The Internal Revenue Service (IRS) headquarters in Washington, D.C.
IRS Scandal Good for Tax Reform: Baucus, Camp, in Interview
Photograph by Jonathan Alcorn/Bloomberg
Charles Evans, president and chief executive officer of the Federal Reserve Bank of Chicago.
Evans to Fed Skeptics: QE Working
With characteristic vigor, Federal Reserve Bank of Chicago President Charles Evans had a message today for skeptics of the central bank’s unprecedented stimulus measures known as quantitative easing. From auto loans to mortgages and employment, all signs are pointing to...
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Photograph by George Frey/Bloomberg
Engineers work on the graphite super structures of the science module section of the James Webb Space Telescope at Alliant Techsystems Inc.'s (ATK) Space Components Division in Magna, Utah.
Unemployment Claims Lowest Since November 2007
An unexpected decline in applications for jobless benefits last week indicates companies remain optimistic the economy will persevere after cooling in the second quarter. The average number of Americans filing first-time claims for unemployment benefits in the last four weeks dropped to the lowest...
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Courtesy Office of the Speaker of the House
House Speaker John Boehner, a Republican from Ohio, right, shows Bloomberg Television reporter Peter Cook how to tie a necktie following an interview at the Capitol on May 7, 2013.
Boehner Knows How to Tie One On — Our Reporter’s Neckware Tutorial
House Speaker John Boehner may have drawn a line in the sand on taxes, but you will almost never find him with a wrinkle in one of his ties. The Ohio Republican is a model of sartorial splendor on Capitol...
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Photograph by Kevork Djansezian/Getty Images
Former first lady and Secretary of State Hillary Rodham Clinton speaks with her husband former president Bill Clinton as they attend the opening ceremony of the George W. Bush Presidential Center on April 25, 2013 in Dallas, Texas.
Bill Clinton: Hillary 2016 Speculation Waste of Time
Bill Clinton says it’s a waste of time to speculate about his wife’s ambitions for 2016. “That is the worst expenditure of our time,” the former president said today at a 2013 Fiscal Summit sponsored by the Peterson Foundation. Hillary...
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Photograph by Alex Wong/Getty Images
Mayor of Charlotte Anthony R. Foxx waves as he walks on stage during day one of the Democratic National Convention.
Anthony Foxx’s High-Speed Promotion
The party convention that nominated President Barack Obama for a second term played out — and played out almost flawlessly — in Anthony Foxx’s home town. Save for the outdoor stadium rally preempted by fear of rain, sparing the party...
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Photograph by David Paul Morris/Bloomberg
A contractor works on a KB Home under construction at the Vicino community in San Jose, California.
Homebuilder Shares Boosted by Sales
Shares of homebuilders from KB Home to Toll Brothers Inc. have enjoyed their best day since mid-2012. Analysts at Barclays Plc upgraded their views of the industry today to positive from neutral, projecting a 10 percent jump in new-home prices...
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Photograph by Sam Hodgson/Bloomberg
U.S. Border Patrol agents monitor the area near the U.S.-Mexico border in San Diego, California, on March 21, 2012.
Durbin Says Immigration Law Overhaul Is National Security Issue
Senate Minority Whip Richard Durbin of Illinois, the chamber’s No. 2 Democrat, offers this reason for supporting an overhaul of immigration laws: It will help national security. Durbin, in an interview on “Political Capital With Al Hunt,” airing this weekend...
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Photograph by John Moore/Getty Images
Migrant farm workers from Mexico a day of harvesting organic vegetables in Wellington, Colorado.
House Ready to Make Undocumented ‘Real Americans:’ Diaz-Balart
A group of U.S. House members will propose steps to legal status for undocumented immigrants, who shouldn’t be living here permanently without a chance to become “real Americans,” said Rep. Mario Diaz-Balart. Bringing many of the approximately 11 million undocumented immigrants “out of the...
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Photograph by Michael S. Williamson/The Washington Post via Getty Images
Members of the Montgomery County Council, as well as local activists and members the the Montgomery County Board of Education, took part in a shopping venture to see if they could live on $5.00 a day worth of food on Feb. 4, 2013. They had a $25.00 limit (5-day supply) as part of the SNAP (Supplemental Nutrition Assistance Program, the new name for food stamps).
McCain Reverts to Maverick Status in Budget Debate
Sen. John McCain is reverting to maverick status in an attempt to reach a grand bargain to avoid the ongoing sequestration. While most of his fellow Republicans have opposed closing special-interest tax loopholes, preferring to cut food stamps instead, McCain, an Arizona Republican,...
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Contributors
-
Al Hunt
is a columnist for Bloomberg View and host of the weekly show "Political Capital with Al Hunt" on Bloomberg TV. -
Mark Silva
is deputy managing editor for government news in Washington and editor of Political Capital. He has covered the White House and national politics. -
Emma Fidel
is political editor for Bloomberg.com in Washington. She previously covered financial regulation as a Bloomberg intern. -
Don Frederick
edits political and government coverage for Bloomberg News. He previously worked for more than a decade at the Los Angeles Times' Washington bureau. -
Gregory Giroux
analyzes elections, financing of congressional and presidential elections, political advertising and demographics in Bloomberg's Washington Bureau. -
Julie Bykowicz
covers the influence of money and lobbying in Washington, and covered the state legislature and city crime for the Baltimore Sun for 10 years. -
Jonathan Salant
covers campaign finance and lobbying in Washington. He was president of the National Press Club and started in Washington in 1987. -
Richard Rubin
covers federal tax policy. He worked at Congressional Quarterly and The Charlotte Observer before joining Bloomberg News in 2010. -
Julie Hirschfeld Davis
is a senior political reporter for the Washington Bureau. She covered the 2012 campaign for Bloomberg News and previously covered the White House for the Baltimore Sun. -
Lisa Lerer
covers the White House and covered the 2012 campaign for Bloomberg News. She covered Congress, lobbying and the 2008 campaign for Politico. -
John McCormick
is a national political reporter looking forward to the 2016 presidential campaign, which will be the fifth he's covered. He's also reported for The Des Moines Register and Chicago Tribune. -
Julianna Goldman
covers the White House for Bloomberg News and Bloomberg Television. -
Hans Nichols
covers the White House for Bloomberg News and Bloomberg Television. -
Margaret Talev
covers the White House for Bloomberg News and covered the White House for McClatchy Newspapers. She has covered California and Florida politics. -
Cary O'Reilly
is Editor at Large at Bloomberg First Word and is Washington Daybook columnist for Bloomberg Government and Bloomberg News.
