Political Capital

Mitch Behm, assistant inspector general of the U.S. Transportation Department, left, and Senator Frank Lautenberg, center, a Democrat from New Jersey, speak before the start of a Senate Commerce, Science and Transportation Committee hearing in Washington, D.C., in this 2011 file photo.

Photograph by Chris Kleponis/Bloomberg

Mitch Behm, assistant inspector general of the U.S. Transportation Department, left, and Senator Frank Lautenberg, center, a Democrat from New Jersey, speak before the start of a Senate Commerce, Science and Transportation Committee hearing in Washington, D.C., in this 2011 file photo.

Lautenberg: Senate’s Last World War II Veteran

The death of Frank Lautenberg deprives the Senate of its last World War II veteran and its oldest member. Lautenberg, who died at 89 today from complications from viral pneumonia, was the Senate’s only octogenarian. The Senate is now without...

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Cast member Christiane Noll and author E.L. Doctorow attend curtain call at the Broadway opening of 'Rag Time' at the Neil Simon Theatre on in this 2009 file photo  in New York City.

Photograph by Janette Pellegrini/Getty Images

Cast member Christiane Noll and author E.L. Doctorow attend curtain call at the Broadway opening of 'Rag Time' at the Neil Simon Theatre on in this 2009 file photo in New York City.

Pelosi, Baucus: ‘Ragtime’ vs. ‘Oklahoma!’

Emergency workers who responded to the devastation in West, Texas, Newtown, Connecticut, and Boston were honored at last night’s Ford’s Theatre Annual Gala, where Vice President Joe Biden made a surprise appearance. The theater, which is known for its all-American musical productions,...

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Job seekers speak to representatives of employers at a job fair at the Jewish Community Center in Manhattan on March 6, 2013 in New York City.

Photograph by Spencer Platt/Getty Images

Job seekers speak to representatives of employers at a job fair at the Jewish Community Center in Manhattan on March 6, 2013 in New York City.

Home Ownership = More Joblessness

Thinking of finally buying a house? If you do, you might help to increase your state’s long-term unemployment rate. New research finds that high home-ownership levels correlate with high joblessness levels down the road, although unemployment comes after a time...

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The Department of Veterans Affairs in Washington, D.C.

Photograph by Brendan Smialowski/Bloomberg

The Department of Veterans Affairs in Washington, D.C.

Veterans Agency, Exempt from Cuts, Attempts to Cite Cuts for Delay

Federal agency managers have told President Barack Obama that the budget cuts known as sequestration would likely cause mass layoffs, jeopardize military medical care and cut nutrition assistance to poor children. The spending cuts, which may total $1.2 trillion over...

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Sen. Marco Rubio stops to talk on his way to a vote on the Senate floor  onApril 17, 2013 on Capitol Hill in Washington, DC.

Photograph by Mark Wilson/Getty Images

Sen. Marco Rubio stops to talk on his way to a vote on the Senate floor onApril 17, 2013 on Capitol Hill in Washington, DC.

Rubio on Immigration: ‘Improvements’ Needed

As the Senate prepares to tackle an overhaul of U.S. immigration laws next week — and as Sen. Marco Rubio of Florida attempts this week to sell that plan to reluctant fellow Republicans in the House — the cosponsor of...

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A combine harvests a field of corn in Ohio.

Photograph by Ty Wright/Bloomberg

A combine harvests a field of corn in Ohio.

Washington Daybook: Family Farms

Fifteen members of the House and Senate or their spouses benefited from federal farm subsidies last year, underscoring a personal stake for some lawmakers in a congressional debate that resumes this week over spending on agriculture programs. The U.S. won’t...

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A terminally-ill resident of the Hospice of Saint John is comforted in her bed. The non-profit hospice, the second oldest in the United States, accepts the terminally ill regardless of their ability to pay, although most residents are covered by Medicare.

Photograph by John Moore/Getty Images

A terminally-ill resident of the Hospice of Saint John is comforted in her bed. The non-profit hospice, the second oldest in the United States, accepts the terminally ill regardless of their ability to pay, although most residents are covered by Medicare.

Bloomberg by the Numbers: 2026

That’s the estimated depletion date for Medicare’s main financial trust fund, according to a May 31 report from the trustees who oversee the financial operations of the $574 billion program for the elderly and disabled. Medicare’s Part A fund, which...

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Former U.S. President Bill Clinton, right, smiles with Hillary Clinton, U.S. secretary of state, center, and daughter Chelsea Clinton, left, after the closing session of the Clinton Global Initiative annual meeting in New York, on Sept. 22, 2011.

Photograph by Ramin Talaie/Bloomberg

Former U.S. President Bill Clinton, right, smiles with Hillary Clinton, U.S. secretary of state, center, and daughter Chelsea Clinton, left, after the closing session of the Clinton Global Initiative annual meeting in New York, on Sept. 22, 2011.

Being Clinton: Three Better Than One

The 42nd president of the United States is headed for his 45th reunion at Georgetown University this weekend, and sent along a photo of that kid before the comeback kid who turned out with a tassel, mortarboard and gown: Looking...

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