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Senator Rand Paul, a Republican from Kentucky, questions a witness during a Senate Permanent Subcommittee on Investigations hearing in Washington, D.C., on May 21, 2013. Apple Inc. Chief Executive Officer Tim Cook defended his company's use of offshore tax shelters before U.S. senators who castigated the most-valuable technology company for avoiding $9 billion and more in payments.

Photograph by Pete Marovich/Bloomberg

Senator Rand Paul, a Republican from Kentucky, questions a witness during a Senate Permanent Subcommittee on Investigations hearing in Washington, D.C., on May 21, 2013. Apple Inc. Chief Executive Officer Tim Cook defended his company's use of offshore tax shelters before U.S. senators who castigated the most-valuable technology company for avoiding $9 billion and more in payments.

Paul Echoes White House in Opposition to Arming Syrians

A small corner of hell may be freezing over. Sen. Rand Paul, the Kentucky Republican and fierce Obama administration critic, today opposed a bill to provide arms to Syrian rebels with an argument that could have come straight from the...

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Supporters for passage of a new agriculture law rally near the Capitol in Washington, D.C., on Sept. 12, 2012.

Photograph by Rich Clement/Bloomberg

Supporters for passage of a new agriculture law rally near the Capitol in Washington, D.C., on Sept. 12, 2012.

Reid: Farm Bill Can Be Finished This Week

From Bloomberg Government’s CongressTracker Though it’s only Tuesday, Senate Majority Leader Harry Reid can see the end of the week from here. During today’s session-opening floor remarks, Reid said that the chairwoman of the Agriculture, Nutrition and Forestry Committee, Michigan...

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Jeffrey Zients, acting director of the Office of Management and Budget (OMB), speaks during a news conference on April 10, 2013.

Photograph by Andrew Harrer/Bloomberg

Jeffrey Zients, acting director of the Office of Management and Budget (OMB), speaks during a news conference on April 10, 2013.

Bloomberg by the Numbers: $1.1 Trillion

That’s how much President Barack Obama’s budget proposal would trim federal budget deficits over the next decade, according to the Congressional Budget Office. Obama’s budget would produce deficits of $5.2 trillion between fiscal 2014 and fiscal 2023, compared with $6.3...

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Rep. Mike Kelly (R-PA) speaks during a hearing before the House Ways and Means Committee on May 17, 2013 on Capitol Hill in Washington, DC.

Photograph by Alex Wong/Getty Images

Rep. Mike Kelly (R-PA) speaks during a hearing before the House Ways and Means Committee on May 17, 2013 on Capitol Hill in Washington, DC.

Mike Kelly’s IRS Spotlight for John Q. Public: Standing Ovation

Rep. Mike Kelly came to politics late and, only in his second term at 65 years of age, the actuarial tables don’t favor him rising to become a Capitol Hill kingpin. He could retire tomorrow, though, and know that he made the most...

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Steven Miller

Photograph by Andrew Harrer/Bloomberg

Steven Miller

IRS: Republicans’ Own Selective Examination: ‘Targets’

Speaking of the truth vs. the whole truth, House Republicans did some selective editing of an inspector general’s report during today’s hearing on the Internal Revenue Service. Steven Miller, the acting — and outgoing — commissioner of the Internal Revenue...

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A cardboard cut-out of President Barack Obama in a tent defending "Obamacare" at a street fair in Charlotte, North Carolina.

Photograph by Mladen Antonov/AFP via Getty Images

A cardboard cut-out of President Barack Obama in a tent defending "Obamacare" at a street fair in Charlotte, North Carolina.

Obamacare in Three Words: OMG

The long-running competition for one-upsmanship over Obamacare in three pithy words has reached a fever pitch, pitting the White House and allies against repeal-minded Republicans with all sorts of bystanders weighing in — remembering that last summer one of those...

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The Internal Revenue Service (IRS) headquarters in Washington, D.C.

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

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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