Political Capital
Senator Max Baucus, a Democrat from Montana, speaks to the media while leaving the Blair House after a bipartisan meeting on deficit reduction with congressional leaders in Washington, D.C.

Photograph by Andrew Harrer/Bloomberg

Senator Max Baucus, a Democrat from Montana, speaks to the media while leaving the Blair House after a bipartisan meeting on deficit reduction with congressional leaders in Washington, D.C.

Baucus’s 2014 Retirement: Sixth Senate Democrat to Go

Senate Finance Committee Chairman Max Baucus won’t seek re-election in 2014, ending a 36-year tenure capped by his authorship of the 2010 health care law. Baucus, 71, has been the top Democrat on the Finance Committee since 2001, often frustrating...

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Former South Carolina Gov. Mark Sanford speaks with reporters at Hay Tire & Automotive in Mount Pleasant, S.C., on April 22, 2013.

Photograph by Mic Smith/AP Photo

Former South Carolina Gov. Mark Sanford speaks with reporters at Hay Tire & Automotive in Mount Pleasant, S.C., on April 22, 2013.

Mark Sanford Down 9 Points in S.C.

  Colbert and politics. It started as a joke — the popular host of Comedy Central’s Colbert report running for president of South Carolina and opening his own super-PAC. Now it’s no joke — Stephen Colbert’s sister, Elizabeth Colbert Busch,...

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President Barack Obama at the White House.

Photograph by Chip Somodevilla/Getty Images

President Barack Obama at the White House.

Washington Daybook: Welcome to Dinner, Ladies

President Barack Obama continues his effort to improve relations with Congress, this time focusing on the ladies. He’s invited 20 female Senators from both parties to dinner at the White House tonight. The Boston Marathon attacks, and whether the FBI...

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Delegates watch a video about former President George W. Bush at the Republican National Convention (RNC) in Tampa, Florida.

Photograph by Daniel Acker/Bloomberg

Delegates watch a video about former President George W. Bush at the Republican National Convention (RNC) in Tampa, Florida.

Bush Revisited: Regaining Lost Ground

“After the most unpopular second term of the post-World War II era, ” pollster Gary Langer reports, former President George W. Bush “has gained in public esteem as time since his presidency has passed – not that the public’s ready...

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Senate Budget Committee staff members hand out copies of the Obama Administration's proposed FY 2014 federal budget in the Dirksen Senate Office Building on Capitol Hill April 10, 2013 in Washington, DC.

Photograph by Chip Somodevilla/Getty Images

Senate Budget Committee staff members hand out copies of the Obama Administration's proposed FY 2014 federal budget in the Dirksen Senate Office Building on Capitol Hill April 10, 2013 in Washington, DC.

Bloomberg by the Numbers: 67%

That’s the share of the higher taxes under President Barack Obama’s budget proposal that the top 1 percent of U.S. taxpayers would pay in 2023. The figure comes from the nonpartisan Tax Policy Center, which yesterday released an analysis of...

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Senate Majority Leader Harry Reid on Capitol Hill.

Photograph by Melina Mara/The Washington Post via Getty Images

Senate Majority Leader Harry Reid on Capitol Hill.

Reid Ramrods Online Sales Tax Bill

The online sales tax bill headed to the Senate floor this week took a very direct path there — right past the Finance Committee. Senate Majority Leader Harry Reid, a Nevada Democrat, maneuvered the bill past Committee Chairman Max Baucus,...

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Rep. Paul Ryan, R-Wisc., speaks at the 2013 Conservative Political Action Conference at the Gaylord National Resort & Conference Center at National Harbor, Md., on March 15, 2013.

Photograph by Bill Clark/CQ Roll Call/Getty Images

Rep. Paul Ryan, R-Wisc., speaks at the 2013 Conservative Political Action Conference at the Gaylord National Resort & Conference Center at National Harbor, Md., on March 15, 2013.

Ryan: No Slow-Down on Immigration

Hurry up or slow down with that immigration overhaul? What would Mitt Romney do? Or perhaps more pointedly going forward, Paul Ryan? Slow down, some of the Republican Party’s leaders were saying last week, in the midst of the hunt,...

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A newly installed U.S. Chamber of Commerce sign arguing that money market funds are "strong," and ask, "why risk changing them now?" at the Union Station Metro stop in Washington, D.C.

Photograph by Andrew Harrer/Bloomberg

A newly installed U.S. Chamber of Commerce sign arguing that money market funds are "strong," and ask, "why risk changing them now?" at the Union Station Metro stop in Washington, D.C.

U.S. Chamber Spent $16.6 Million Lobbying in First Three Months

The U.S. Chamber of Commerce and its legal reform affiliate reported spending $16.6 million during the first three months of 2013, down from the $26.2 million it spent during the same period a year earlier, according to Senate disclosures. The...

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Sen. Rand Paul introduces his father, Republican presidential candidate Rep Ron Paul on January 2, 2012 in Davenport, Iowa.

Photograph by Win McNamee/Getty Images

Sen. Rand Paul introduces his father, Republican presidential candidate Rep Ron Paul on January 2, 2012 in Davenport, Iowa.

Rand Paul’s Ron Paul Advice

Like father, like son? Not if he knows what’s good for him, some are saying of Sen. Rand Paul of Kentucky — suggesting that, for all the popularity his father enjoyed in his bids for a presidential nomination, he’ll need...

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Three sections of pipe sit on the ground during construction of the Gulf Coast Project pipeline in Atoka, Oklahoma, as part of the Keystone XL Pipeline Project and will run from Cushing, Oklahoma to Nederland, Texas.

Photograph by Daniel Acker/Bloomberg

Three sections of pipe sit on the ground during construction of the Gulf Coast Project pipeline in Atoka, Oklahoma, as part of the Keystone XL Pipeline Project and will run from Cushing, Oklahoma to Nederland, Texas.

Washington Daybook: Keystone Deadline

Today is the deadline for public comments at the State Department on the proposed Keystone pipeline to carry tar-sands oil fro Canada to U.S. refineries. Democratic donors are trying to persuade President Barack Obama that turning down TransCanada Corp.’s petition...

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