Political Capital

Economy

A retiree attends a Senior Information & Resource Fair in South Gate, California.

Photograph by Robyn Beck/AFP via Getty Images

A retiree attends a Senior Information & Resource Fair in South Gate, California.

Bloomberg by the Numbers: 26%

Federal spending is projected to rise to 26 percent of gross domestic product in 2039 from 21 percent in 2013, according to the Congressional Budget Office. Increased spending for Social Security, Medicare, Medicaid, children’s health programs and subsidies for medical...

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Lifeguards survey the crowded waters at Horseneck Beach in Westport, Mass, on July 6, 2014.

Photograph by Dina Rudick/The Boston Globe via Getty Images

Lifeguards survey the crowded waters at Horseneck Beach in Westport, Mass, on July 6, 2014.

Summer Jobs? Try a Marina

Summertime, and the employment’s easy — in some places. In a display that has the feel of a vital-signs monitor in some hospital ward, the Bureau of Labor Statistics reports a pretty healthy pulse of summer employment gains in certain...

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Opponents of the Keystone XL pipeline join the Cowboy and Indian Alliance in a rally in Washington, D.C., on April 26, 2014.

Photograph by Pete Marovich/Boomberg

Opponents of the Keystone XL pipeline join the Cowboy and Indian Alliance in a rally in Washington, D.C., on April 26, 2014.

Keystone Lobby Outguns Protesters

Thousands of people from across the country marched around the White House last year chanting slogans and carrying placards in protest of the proposed Keystone XL pipeline, a project to link Canada’s oil sands to Gulf Coast refineries. But in...

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US President Barack Obama meets with Kinsey Button, a student at the University of Texas who wrote a letter to the president in January explaining her family's struggle to lead a middle class life when both of her parents lost their jobs, at a restaurant in Austin, Texas, on July 10, 2014.

Photograph by Jewel Samad/AFP via Getty Images

US President Barack Obama meets with Kinsey Button, a student at the University of Texas who wrote a letter to the president in January explaining her family's struggle to lead a middle class life when both of her parents lost their jobs, at a restaurant in Austin, Texas, on July 10, 2014.

Lunch — Make that Coffee — With Obama

Updated at 2:05 p.m. When 20-year-old Kinsey Button went to have lunch with the president of the United States at Magnolia Cafe in Austin, Texas, she probably expected to get a meal. And maybe she did. But not under the watchful...

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President Barack Obama speaks on the economy in Denver on July 9, 2014.

Photograph by /Jewel Samad/AFP via Getty Images

President Barack Obama speaks on the economy in Denver on July 9, 2014.

Cost of Executive Rules: $104 Billion

President Barack Obama has staked his year, and at least in part the Democratic Party’s’ midterm chances, on going at it alone. The cost of the rules his administration is drafting may end up working against him. To date, Obama...

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