Political Capital

Defense

Air Force One, with U.S. President Barack Obama aboard, taxis on the tarmac at a U.S. military airbase in Osan, South Korea.

Photograph by SeongJoon Cho/Bloomberg

Air Force One, with U.S. President Barack Obama aboard, taxis on the tarmac at a U.S. military airbase in Osan, South Korea.

Air Force One (Both of Them) in Shop

Sometimes even Air Force One has to go into the shop. Both of them. At the same time. Reporters en route to Michigan with President Barack Obama were asking why they were flying a smaller aircraft, one modeled on a...

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The U.S. Department of Veterans Affairs headquarters in Washington, D.C.

Photograph by Andrew Harrer/Bloomberg

The U.S. Department of Veterans Affairs headquarters in Washington, D.C.

Republicans Want A in VA to Also Stand for Accountability

– Written with Kathleen Miller The Department of Veterans Affairs’ press office doesn’t talk to the press enough. That’s according to House Veterans Affairs Committee Chairman Jeff Miller, a Florida Republican, who has set up a website, VA Honesty Project,...

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Space Exploration Technologies Corp.'s (SpaceX) Falcon 9 rocket takes off in Cape Canaveral, Florida, in this handout photo made available to the media on May 18, 2012.

Photographer: Chris Thompson/SpaceX via Bloomberg

Space Exploration Technologies Corp.'s (SpaceX) Falcon 9 rocket takes off in Cape Canaveral, Florida, in this handout photo made available to the media on May 18, 2012.

Musk Hires More Lobbyists Seeking Satellite Launches

Elon Musk’s Space Exploration Technologies Corp., which spent $1.1 million trying to influence the federal government last year, hired two additional lobbying firms this month, Senate records show. The new lobbyists include two former congressional aides and a former Defense Department official. ...

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A U.S. M1A2 SEP Abrams battle tank fires live rounds in Pocheon, South Korea.

Photograph by Chung Sung-Jun/Getty Images

A U.S. M1A2 SEP Abrams battle tank fires live rounds in Pocheon, South Korea.

Army Tanking Tanks: General Dynamics Battles for $230 Million

From Bloomberg Government’s Congress Tracker: Emboldened by last year’s success — when Congress agreed to spend $90 million on upgraded battle tanks the Pentagon didn’t want — General Dynamics Corp. is asking for more. The Falls Church, Virginia-based company, is...

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U.S. President Barack Obama applauds Medal of Honor recipients for actions during the Vietnam War, at a ceremony in the East Room of the White House on March 18, 2014.

Photograph by Saul Loeb/AFP via Getty Images

U.S. President Barack Obama applauds Medal of Honor recipients for actions during the Vietnam War, at a ceremony in the East Room of the White House on March 18, 2014.

Medals of Honor, Finally

Twenty-four U.S. Army veterans belatedly received the military’s top award for valor today, years after being denied the Medal of Honor because of bias. “No nation is perfect, but here in America we confront our imperfections and our sometimes-painful past,” President Barack Obama said...

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Robert Capron and Zachary Gordon in "Diary of a Wimpy Kid: Dog Days."

Photograph by Diyah Pera/TM and 20th Century Fox Film Corp./Everett Collection

Robert Capron and Zachary Gordon in "Diary of a Wimpy Kid: Dog Days."

Harkin Favorite: ‘Diary of a Wimpy Kid’ — Says a Mentor Ready for More

What is Sen. Tom Harkin looking forward to most during his upcoming retirement? More time for reading. The Iowa Democrat choked up talking about a children’s reading program close to his heart for 16 years.He received the Pioneer Award from...

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A U.S. Air Force A-10 "Warthog" from the 332nd Air Expeditionary Wing takes off for a mission into Iraq.

Photograph by U.S. Air Force photo by Senior Airman JoAnn S. Makinano via Bloomberg

A U.S. Air Force A-10 "Warthog" from the 332nd Air Expeditionary Wing takes off for a mission into Iraq.

Defense Cuts Face Political Bases: Warthog, Spy-Plane Defenders

From Bloomberg Government’s Congress Tracker: Defense Secretary Chuck Hagel has presented Congress with some unpalatable political decisions in the midst of an election year. His budget proposal for fiscal year 2015 would create some clear political losers. Among them: congressional...

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A visitor sits in the cockpit of a Lockheed Martin Corp. F-35 Lightning in Farnborough, U.K.

Photograph by Chris Ratcliffe/Bloomberg

A visitor sits in the cockpit of a Lockheed Martin Corp. F-35 Lightning in Farnborough, U.K.

Bloomberg By the Numbers: $8.4 Billion

The Defense Department announced $8.4 billion in contract awards in January, the lowest level in at least 22 months, according to data compiled by Bloomberg. That was 66 percent less than December. The previous low was $12.1 billion in contracts...

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Cross country skis on the National Mall in Washington, D.C. on Feb. 13, 2014.

Photograph by Saul Loeb/AFP via Getty Images

Cross country skis on the National Mall in Washington, D.C. on Feb. 13, 2014.

Homeland Security: Guarding Against Threats of Climate Change

A top U.S. homeland security official testified this week that the nation must be better prepared to handle extreme weather events sparked by a warming planet. David Heyman, assistant secretary for the department’s Office of Policy, and other officials told...

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