Political Capital
Republican National Committee Chairman Reince Priebus at the National Press Club on March 18, 2013 in Washington.

Photograph by Win McNamee/Getty Images

Republican National Committee Chairman Reince Priebus at the National Press Club on March 18, 2013 in Washington.

RNC Suffers Super-PAC Envy

The Republican National Committee is jealous of super-political action committees. That bit of envy is tucked away on page 64 of the RNC’s 97-page “autopsy” of how to right itself after failing to win the White House and a Senate...

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A credit card to buy gasoline in San Francisco.

Photograph by David Paul Morris/Bloomberg

A credit card to buy gasoline in San Francisco.

Plastic-Shy Youth May Find Rent Payments Key to Credit Rating

Young people are shying away from credit cards, and that’s bad news for the lending industry. Plastic has long helped America’s budding consumers prove themselves to be responsible borrowers. Thirty-nine percent of undergraduate students between the ages of 18 and...

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Wayne MacKenzie, left, and Clayton Zook admire their wedding rings after exchanging vows January 1, 2013 at Black Walnut Point Inn on the Chesapeake Bay in Maryland.

Photograph by Robert MacPherson/AFP via Getty Images

Wayne MacKenzie, left, and Clayton Zook admire their wedding rings after exchanging vows January 1, 2013 at Black Walnut Point Inn on the Chesapeake Bay in Maryland.

Gay Marriage: Public Support Rising

Support for gay marriage has reached a new high in the latest ABC News/Washington Post poll, “marking a dramatic change in public attitudes on the subject across the past decade,” pollster Gary Langer reports. Fifty-eight percent of Americans surveyed now say...

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Cypriots during a protest against an EU bailout deal outside the parliament in Nicosia on March 18, 2013.

Photograph by Patrick Baz/AFP via Getty Images

Cypriots during a protest against an EU bailout deal outside the parliament in Nicosia on March 18, 2013.

Fed Opposed Cyprus-Like Bank Tax — in 1941

More than half a century ago, the Federal Reserve opposed the idea of a tax on bank deposits similar to the one Cyprus has imposed. It wasn’t the threat of bank runs that was the problem so much as fairness....

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Rhode Island Gov. Lincoln Chafee speaks during day one of the Democratic National Convention on September 4, 2012 in Charlotte, North Carolina.

Photograph by Alex Wong/Getty Images

Rhode Island Gov. Lincoln Chafee speaks during day one of the Democratic National Convention on September 4, 2012 in Charlotte, North Carolina.

Chafee Hears Providence Footsteps

Rhode Island Gov. Lincoln Chafee, the nation’s only Independent governor, said this morning that he expects to face a challenge from state General Treasurer Gina Raimondo in 2014. Chafee was mum on whether he’ll switch parties and become a Democrat,...

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Moody's Investors Service Inc. headquarters in New York.

Photograph by Scott Eells/Bloomberg

Moody's Investors Service Inc. headquarters in New York.

Pension Poetry: Moody’s Haiku

Marcia Van Wagner, a senior analyst at Moody’s Investors Service speaking at a conference in Providence, Rhode Island, has so far offered the most succinct description of the pension woes facing states and cities. She opened her remarks at the Bond Buyer Symposium...

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Photograph by Andrew Harrer/Bloomberg

Hillary Clinton: Gay Marriage Endorsement ‘Shaped Over Time’

Former Secretary of State Hillary Clinton formally announced her support for gay marriage in a Human Rights Campaign video today. “I support marriage for lesbian and gay couples,” Clinton said publicly for the first time in the six-minute video. “I support it personally...

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Congressman Dave Camp with Warren Payne, Policy Director for the Committee, right, before a hearing prep in the House Ways and Means Capitol office in Washington, DC.

Photograph by Katherine Frey/The Washington Post via Getty Images

Congressman Dave Camp with Warren Payne, Policy Director for the Committee, right, before a hearing prep in the House Ways and Means Capitol office in Washington, DC.

House Won’t Pass Tax Bill Without Code Overhaul: Beeman

Senate Democrats’ attempts to raise taxes this year will run into a problem: a House determined to starve it of revenue bills. Under the Constitution, revenue measures must start in the House, limiting the Senate’s ability to raise or lower...

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U.S. Marine Major Bull Gurfein pulls down a poster of Iraqi President Saddam Hussein March 21, 2003 in Safwan, Iraq.

Photograph by Chris Hondros/Getty Images

U.S. Marine Major Bull Gurfein pulls down a poster of Iraqi President Saddam Hussein March 21, 2003 in Safwan, Iraq.

Iraq War 10 Years After: Mistake

Ten years have passed since the United States and its allies invaded Iraq, and it appears the majority of Americans consider this a regrettable anniversary, Gallup reports today. Fifty-three percent of Americans believe their country “made a mistake sending troops...

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A student during spring break on South Padre Island, Texas.

Photograph by Rick Gershon/Getty Images

A student during spring break on South Padre Island, Texas.

Washington Daybook: Not Quite Spring

Lawmakers, like college students, are looking forward to Spring break, with two weeks away from Washington to relax and celebrate Easter and Passover with family and constituents. But first, that small matter of keeping the government funded past next week....

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