Political Capital
Loose horses sold for slaughter.

Photograph by Nate Jenkins/AP Photo

Loose horses sold for slaughter.

Obama Budget: No Horse Meat

From Bloomberg Government’s Congress Tracker: President Barack Obama’s budget envisions zeroing out money for horse inspections, a move that — if it becomes law — would effectively block the slaughter of horses for human consumption in the U.S. Section 725,...

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A man jogs past the U.S. Capitol in Washington, D.C.

Photograph by Andrew Harrer/Bloomberg

A man jogs past the U.S. Capitol in Washington, D.C.

Obama’s Call for Online Senate Reports: Transparency with a Savings

President Barack Obama’s budget request calls for Senate candidates to file their campaign finance reports electronically with the Federal Election Commission. Senators have exempted themselves from the electronic filing requirements that have applied to other federal candidates beginning in 2001....

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A man looks at a shotgun during the 8th Annual East Coast Fine Arms Show in Stamford, Connecticut.

Photograph by Timorthy A. Clary/AFP via Getty Images

A man looks at a shotgun during the 8th Annual East Coast Fine Arms Show in Stamford, Connecticut.

Manchin, Toomey: ‘Common Sense’

Updated at 1:15 pm EDT Credit Sens. Joe Manchin and Pat Toomey for doing what too few lawmakers of opposing parties do these days. Talking. The Democrat from West Virginia and Republican from Pennsylvania have just announced their agreement on...

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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.

Obama: ‘Not a Lot of Smoke and Mirrors’

The 2014 budget that President Barack Obama proposed today is all about creating jobs and boosting the economy, the president said today. His budget, he said, replaces the cuts of sequetration with “smarter ones.” It builds new roads and bridges,...

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The Washington Monument stands behind cherry trees blossoming in Washington, D.C.

Photograph by Andrew Harrer/Bloomberg

The Washington Monument stands behind cherry trees blossoming in Washington, D.C.

Obama’s Budget Handoff: $3.8 Trillion Grande

Updated 2:35 pm The Office of Management and Budget hands out President Barack Obama’s 2014 budget in a Starbucks as the sun comes up. It’s 6:35 am, and a dozen reporters are gathered in downtown Washington, waiting for an OMB...

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A cyber security analyst works in the "watch and warning center" during a tour of the government’s cyber defense lab in Idaho Falls, Idaho.

Photograph by Mark J. Terrill/AP Photo

A cyber security analyst works in the "watch and warning center" during a tour of the government’s cyber defense lab in Idaho Falls, Idaho.

Rockefeller Seeks SEC Guidance: ‘Insufficient’ Cybersecurity Reporting

A Senate leader is asking the new Securities and Exchange Commission chairman to give more authoritative guidance to companies on disclosing cyber attacks, calling reporting so far “insufficient.” “While the staff guidance has had a positive impact on the information...

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Senate Minority Leader Mitch McConnell, center, arrives for the weekly Republican policy luncheon on the Capitol on April 9, 2013 in Washington, DC.

Photograph by Win McNamee/Getty Images

Senate Minority Leader Mitch McConnell, center, arrives for the weekly Republican policy luncheon on the Capitol on April 9, 2013 in Washington, DC.

McConnell Turns Table on ‘Liberal Left:’ Louisville Fundraising Bonanza

There is Hollywood, and then there is Louisville. And Mitch McConnell, the Republican leader of the U.S. Senate from Kentucky who privately discussed ways to “do out” anyone who opposes him for re-election, has turned an audio-taping of that February...

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North Korean soldiers salute during a military parade to mark 100 years since the birth of North Korea's founder Kim Il-Sung in Pyongyang on April 15, 2012.

Photograph by Pedro Ugarte/AFP via Getty Images

North Korean soldiers salute during a military parade to mark 100 years since the birth of North Korea's founder Kim Il-Sung in Pyongyang on April 15, 2012.

Bloomberg by the Numbers: 56

That’s the percentage of Americans who say U.S. officials should take North Korea’s nuclear threats “very seriously,” according to the Pew Research Center. That compares to 27 percent who say the government should take the threats “somewhat seriously,” according to...

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The Louisville Cardinals celebrate after they won 82-76 against the Michigan Wolverines during the 2013 NCAA Men's Final Four Championship at the Georgia Dome on April 8, 2013 in Atlanta, Georgia.

Photograph by Andy Lyons/Getty Images

The Louisville Cardinals celebrate after they won 82-76 against the Michigan Wolverines during the 2013 NCAA Men's Final Four Championship at the Georgia Dome on April 8, 2013 in Atlanta, Georgia.

Louisville Alum McConnell is Smiling, Despite Cautionary Poll Numbers

Mitch McConnell often projects something of a pinch-faced persona as he concentrates, in his role as the Senate’s Republican leader, on thwarting Democratic initiatives. Today, though, he had reason to exude joy on the chamber’s floor. A proud graduate of the University of...

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Rows of homes at a housing development on March 6, 2013 in Mesa, Arizona.

Photograph by Justin Sullivan/Getty Images

Rows of homes at a housing development on March 6, 2013 in Mesa, Arizona.

Housing Rebound: Not Quite Yet

House prices are rising, and sales are picking up. If you ask Union Bank of Switzerland managing director Thomas Zimmerman, though, it’s too soon to celebrate a “full-fledged” housing rebound. “It’s surprised me how strong this market is. It’s not...

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