Political Capital

Barack Obama, candidate for the United States Senate, Illinois, delivers his keynote speech to the second session of the Democratic National Convention in Boston, on July 27, 2004.

Photograph by Dennis Brack/ Bloomberg

Barack Obama, candidate for the United States Senate, Illinois, delivers his keynote speech to the second session of the Democratic National Convention in Boston, on July 27, 2004.

Obama’s Debut, Ten Years After — ‘I’m LeBron, baby!’

Even for Barack Obama, July 27, 2004, was a remarkable day. Ten years ago this Sunday, that’s when Obama moved from being an obscure Illinois state senator to a rising Democratic star who would win the presidency just four years...

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David Perdue after declaring victory in the Republican primary runoff for nomination to the U.S. Senate from Georgia, at his election-night party in Atlanta, on July 22, 2014.

Photograph by AP Photo

David Perdue after declaring victory in the Republican primary runoff for nomination to the U.S. Senate from Georgia, at his election-night party in Atlanta, on July 22, 2014.

Bloomberg by the Numbers: 30,233

That’s how many broadcast television ads ran in Georgia’s U.S. Senate race through July 21, according to Kantar Media’s CMAG. That’s the second-highest total in any Senate race this year behind North Carolina, where outside groups helped state House Speaker...

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Production at the Barnett Shale.

Photograph by Ron T. Ennis/Fort Worth Star-Telegram/MCT via Getty Images

Production at the Barnett Shale.

EPA Rules a Boon for Texas: Energy Study

Texas Gov. Rick Perry calls the Environmental Protection Agency’s carbon-reduction plan a “direct assault” on energy providers. A new study, however, says the producers in his state may be its biggest beneficiaries. A study set for release today from the independent Center for Strategic and...

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President Barack Obama disembarks from Air Force One at the Los Angeles International airport on July 23, 2014.

Photograph by Jewel Samad/AFP via Getty Images

President Barack Obama disembarks from Air Force One at the Los Angeles International airport on July 23, 2014.

Obama’s Five-Point Party Pitch — Pelosi Suggests Stepping it Up

He may not be looking so great these days, President Barack Obama says, but the economy is looking up. The political picture in Washington remains bleaker, however, the president said in a pitch today to some of his party’s top...

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A congressional staff with a poster of the 'Wastebook 2013' after a news conference on Dec. 17, 2013 on Capitol Hill.

Photograph by Alex Wong/Getty Images

A congressional staff with a poster of the 'Wastebook 2013' after a news conference on Dec. 17, 2013 on Capitol Hill.

Federal Report? ‘Let Me Google That’ — $48 ‘Wastebook’

“Why does the federal government have an office that sells reports that are available for free on-line?” Sen. Tom Coburn, the soon-retiring Oklahoma Republican who has made a name for himself in rooting out federal government waste, says this is...

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U.S. Secretary of State John Kerry, left, shakes hands with Israeli Prime Minister Benjamin Netanyahu in Tel Aviv on July 23, 2014.

Photograph by Pool-AFP via Getty Images

U.S. Secretary of State John Kerry, left, shakes hands with Israeli Prime Minister Benjamin Netanyahu in Tel Aviv on July 23, 2014.

Kerry in Israel, West Bank: ‘Humanitarian’ Concerns

John Kerry is in town again. And his host, Benjamin Netanyahu, was quiet about it. For all the support for Israel that the U.S. has reiterated in the escalating conflict with Hamas, the State Department today was also talking about...

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A couple cools off with ice cream in front of a display of a butter cow and calf, made from 2,100 pounds of butter, at the Ohio State Fair in Columbus, in this Aug. 3, 2006 file photo.

Photograph by Gary Gardiner/Bloomberg

A couple cools off with ice cream in front of a display of a butter cow and calf, made from 2,100 pounds of butter, at the Ohio State Fair in Columbus, in this Aug. 3, 2006 file photo.

Butter Cow Has Competition: Butter Menagerie

Even better than the fried salad on a stick and funnel cakes on sale at the annual Iowa State Fair: The display of the legendary Butter Cow. This year, the theme is “Field of Dreams” - honoring the 25th anniversary...

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Balloons in the "Health Corner" conference room, used to host customer programs with local doctors and heathcare experts, at a Walgreen Co. store in Chicago.

Photograph by Daniel Acker/Bloomberg

Balloons in the "Health Corner" conference room, used to host customer programs with local doctors and heathcare experts, at a Walgreen Co. store in Chicago.

Walgreen Chided For Tax-’Dodge’ Prescription: Harry Reid

Five months after Democrats in Washington, including President Barack Obama, praised CVS executives for their decision to stop selling smokes, another drugstore has fallen into the party’s cross-hairs. Illinois-based Walgreen Co. was hammered for 10 minutes on the Senate floor...

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