Political Capital
President Barack Obama holds a stuffed bear alongside New Jersey Governor Chris Christie after playing an arcade game along the boardwalk as they view rebuilding efforts following last year's Hurricane Sandy in Point Pleasant, New Jersey, on May 28, 2013.

Photograph by Saul Loeb/AFP via Getty Images

President Barack Obama holds a stuffed bear alongside New Jersey Governor Chris Christie after playing an arcade game along the boardwalk as they view rebuilding efforts following last year's Hurricane Sandy in Point Pleasant, New Jersey, on May 28, 2013.

Christie Scores Teddy for Obama

Out on the boardwalk, they are tossing pigskins… Out on the boardwalk, the governor wins… President Barack Obama went 0-5 in his football tosses at “Touchdown Fever,” an arcade on the boardwalk at Point Pleasant, Jersey. Gov. Chris Christie nailed...

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A waiter takes a patron's order at a restaurant in Denver, Colorado.

Photograph by Matthew Staver/Bloomberg

A waiter takes a patron's order at a restaurant in Denver, Colorado.

Optimism Among Lower-Income Up

Americans, feeling better about the economy and employment opportunities, are the most confident in five years, data from the Conference Board showed today. An increase in sentiment among those with incomes above $50,000 was not unexpected. After all, stocks have...

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President Barack Obama, center, introduces Heather Higginbottom, left, as Deputy Director of the Office of Management and Budget, Gene Sperling, second left, as the new director of the Council of Economic Advisors, Katharine Abraham, second right, as a member of the council, and Jason Furman as Assistant to the President for Economic Policy and Principal Deputy Director of the National Economic Council in Landover, Maryland.

Photograph by Chip Somodevilla/Getty Images

President Barack Obama, center, introduces Heather Higginbottom, left, as Deputy Director of the Office of Management and Budget, Gene Sperling, second left, as the new director of the Council of Economic Advisors, Katharine Abraham, second right, as a member of the council, and Jason Furman as Assistant to the President for Economic Policy and Principal Deputy Director of the National Economic Council in Landover, Maryland.

Obama Tapping Furman for CEA Chair

President Barack Obama plans to nominate Jason Furman, a White House official well-versed in staff rivalries and relationships, to replace Alan Krueger as the head of the Council of Economic Advisers, according to two people familiar with the matter. Krueger plans to return to...

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President Barack Obama with New Jersey Governor Chris Christie after arriving at Joint Base McGuire-Dix in New Jersey on May 28, 2013. Obama is traveling to the New Jersey shore to view rebuilding efforts following last year's Hurricane Sandy.

Photograph by Saul Loeb/AFP via Getty Images

President Barack Obama with New Jersey Governor Chris Christie after arriving at Joint Base McGuire-Dix in New Jersey on May 28, 2013. Obama is traveling to the New Jersey shore to view rebuilding efforts following last year's Hurricane Sandy.

Obama-Christie: Heckuva Job

Updated at 12:52 and 3:30 pm EDT, with Terrence Dopp reporting from Asbury Park Heckuva job. Remember that line? That was former President George W. Bush’s praise for then-FEMA director Michael D. Brown in the first few days after Hurricane...

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Republican strategist Karl Rove at the California Republican Party convention,  in Sacramento, Calif., on March 2, 2013.

Photograph by Rich Pedroncelli/AP Photo

Republican strategist Karl Rove at the California Republican Party convention, in Sacramento, Calif., on March 2, 2013.

Karl Rove’s Scandal-Making Machinery

Of all the so-called scandals that have beset the Obama administration in recent months, the one that can truly be dubbed with the S-word is rolling on: Karl Rove, architect of George W. Bush’s presidential campaigns and fall-guy for the...

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Delegates hug during day three of the Democratic National Convention (DNC) in Charlotte, North Carolina, on Sept. 6, 2012.

Photograph by Andrew Harrer/Bloomberg

Delegates hug during day three of the Democratic National Convention (DNC) in Charlotte, North Carolina, on Sept. 6, 2012.

Bloomberg By the Numbers: $20.6 Million

The Democratic National Committee’s most recent filings last week showed that the party entered May $20.6 million in debt, thanks in large part to the money spent in 2012 to successfully re-elect President Barack Obama. The figures were contained in...

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Naval academy graduates toss their caps in celebration during the US Naval Academy graduation ceremony at the Navy-Marine Corps Memorial Stadium on May 24, 2013 in Annapolis, Maryland.

Photograph by Mandel Ngan/AFP via Getty Images

Naval academy graduates toss their caps in celebration during the US Naval Academy graduation ceremony at the Navy-Marine Corps Memorial Stadium on May 24, 2013 in Annapolis, Maryland.

Naval Academy Message, Hats Off With Obama, Without Blue Angels

Hats flew, by tradition, at the Naval Academy graduation. The Blue Angels, though, were grounded by sequestration. The president, delivering his final commencement address of the season, had a pointed and timely message for the newest men and women commissioned...

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Arizona delegate Debra Jean Forrest wears a button with Arizona Gov. Jan Brewer pointing at President Barack Obama during the Republican National Convention at the Tampa Bay Times Forum on August 28, 2012 in Tampa, Florida.

Photograph by Chip Somodevilla/Getty Images

Arizona delegate Debra Jean Forrest wears a button with Arizona Gov. Jan Brewer pointing at President Barack Obama during the Republican National Convention at the Tampa Bay Times Forum on August 28, 2012 in Tampa, Florida.

Arizona’s Brewer Hands Victory to ACLU While Battling Conservatives

Atheists, gays and the American Civil Liberties Union are celebrating an unexpected victory in Arizona thanks to Tea Party stalwart Jan Brewer. The governor shocked political observers in January by going along with President Barack Obama’s health-care law to support expanding...

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Democratic U.S. Senate nominee, U.S. Rep. Ed Markey, D-Mass., at a campaign event in Boston, on May 8, 2013.

Photograph by Charles Krupa/AP Photo

Democratic U.S. Senate nominee, U.S. Rep. Ed Markey, D-Mass., at a campaign event in Boston, on May 8, 2013.

Markey Tax Details Show He Paid 24% Rate

Democrat Ed Markey, seeking to quell attacks from his Republican foe in the Massachusetts U.S. Senate race, released some tax-return details this afternoon that showed he has paid an effective income tax rate of 24 percent going back to 2005. Markey, first...

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Anthony Weiner speaks to the media after courting voters outside a Harlem subway station a day after announcing he will enter the New York mayoral race, on May 23, 2013 in New York City.

Photograph by Mario Tama/Getty Images

Anthony Weiner speaks to the media after courting voters outside a Harlem subway station a day after announcing he will enter the New York mayoral race, on May 23, 2013 in New York City.

Weiner’s Quixotic Vision for NYC Drives Longshot Mayoral Run

Anthony Weiner’s first public speaking engagement since declaring his mayoral candidacy came Thursday evening before a Democratic club in Riverdale, the Bronx’s most affluent neighborhood. He received polite applause and no questions about the exhibitionist tweets that forced his resignation...

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