Political Capital
Gasoline at a station in San Francisco, California.

Photograph by David Paul Morris/Bloomberg

Gasoline at a station in San Francisco, California.

Gas Price Burden Lifting as MPG Reduces Strain on Incomes

Gas prices can’t cool Americans’ love affair with their cars. Gasoline demand has typically been a function of how much people drive — more miles, more tanks sold. But in 2011 that relationship started breaking down as cars became more...

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Sen. Wendy Davis, center, filibustering an abortion bill, holds up a no vote as time expires, on June 26, 2013, in Austin, Texas.

Photograph by Eric Gay/AP Photo

Sen. Wendy Davis, center, filibustering an abortion bill, holds up a no vote as time expires, on June 26, 2013, in Austin, Texas.

Perry Slams ‘Mob Tactics’ on Abortion

Rick Perry, introduced at the National Right to Life convention today as a fifth-generation Texan, third-term governor and first-time grandfather, is making his second run at a special legislative session to restrict abortion in the Lone Star State. After the...

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U.S. President Barack Obama, front, and former U.S. President Bill Clinton embrace after speaking on stage during the annual meeting of the Clinton Global Initiative (CGI) in New York on Sept. 25, 2012.

Photograph by Jin Lee/Bloomberg

U.S. President Barack Obama, front, and former U.S. President Bill Clinton embrace after speaking on stage during the annual meeting of the Clinton Global Initiative (CGI) in New York on Sept. 25, 2012.

@BillClinton Not Following @BarackObama — Nothing Personal

The Clintons, it appears, are leaders, not followers. Bill Clinton, former president, has a following of 838,006 at Twitter, where he often holds forth on matters ranging from the Supreme Court’s rulings this week to President Barack Obama’s global warming...

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Travelers hold a newspaper with a news report about the arrival of  former U.S. intelligence agency contractor Edward Snowden to Russia, at Moscow's Sheremetyevo Airport, on June 24, 2013.

Photograph by ITAR-TASS/Zuma Press

Travelers hold a newspaper with a news report about the arrival of former U.S. intelligence agency contractor Edward Snowden to Russia, at Moscow's Sheremetyevo Airport, on June 24, 2013.

Obama: Snowden ‘Made-for-TV Movie’

There will be no “scrambling of the jets” to intercept the fugitive security contractor, Edward Snowden, says President Barack Obama — suggesting that the saga will lend itself to a “made-for-TV movie” without the added drama of a raid. While...

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President Barack Obama arrives for a press conference with Senegal's President following meetings at the Presidential Palace in Dakar, on June 27, 2013.

Photograph by Saul Loeb/AFP via Getty Images

President Barack Obama arrives for a press conference with Senegal's President following meetings at the Presidential Palace in Dakar, on June 27, 2013.

Obama: Supreme Court ‘Made a Mistake’ on Voting Rights

President Barack Obama, traveling in Africa today, said the Supreme Court “made a mistake” in overturning the section of the Voting Rights Act requiring federal pre-clearance for voting changes in several states. The enforcement sections of the 1965-vintage law were...

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A supporter of the immigration activist group "Nuns on the Bus" walks by the bus during a rally to mark the end of the group's cross country trip on June 18, 2013 in San Francisco, California.

Photograph by Justin Sullivan/Getty Images

A supporter of the immigration activist group "Nuns on the Bus" walks by the bus during a rally to mark the end of the group's cross country trip on June 18, 2013 in San Francisco, California.

Schumer’s Immigration Formula: Bipartisan Success

Sen. Chuck Schumer, the New York Democrat who has helped steer his Gang of Eight’s immigration bill through the Senate — with passage expected today — says the bipartisan nature of it is what will overcome considerable resistance in the...

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Senator William M. Cowan of Massachusetts in office before the special election to put in a permanent senator.

Photograph by Sarah L. Voisin/The Washington Post via Getty Images

Senator William M. Cowan of Massachusetts in office before the special election to put in a permanent senator.

Cowan Cracks Wise in Farewell to Senate — And Lauds Colleagues

It’s a wrap for William “Mo” Cowan’s roughly five-month Senate career, and the Massachusetts Democrat yesterday afternoon offered an often wry commentary on his experience — remarks that took note of the concerns and criticisms buffeting the chamber, but that ended on a positive note. Cowan,...

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A man holds a semi-automatic assault rifle for sale at the Rocky Mountain Gun Show in Sandy, Utah.

Photograph by George Frey/Bloomberg

A man holds a semi-automatic assault rifle for sale at the Rocky Mountain Gun Show in Sandy, Utah.

Ohio Gun-Law Strategy: Warning, This Product Could be Deadly

Two Democratic state lawmakers in Ohio are providing their own form of commentary on several provisions restricting abortion that their Republican colleagues included in the state’s budget bill. A day after Republicans who control the state legislature added a measure...

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The reflection of a shopper a mall in San Diego, California, on June 22, 2013.

Photograph by Sam Hodgson/Bloomberg

The reflection of a shopper a mall in San Diego, California, on June 22, 2013.

Bloomberg by the Numbers: 1.8%

That’s how much gross domestic product expanded in the first quarter at an annualized rate, according to revised figures from the Commerce Department. First-quarter GDP was revised downward from a previous estimate of 2.4 percent, according to a report released...

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