Political Capital
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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A registered nurse checks out an elderly patient in Lakewood, Colorado.

Photograph by John Moore/Getty Images

A registered nurse checks out an elderly patient in Lakewood, Colorado.

Obamacare Bolstering Medicare: White House’s Take on Trustees

The Obama White House has a take on the report today that the Medicare trust fund will last two years longer than previously projected — and, naturally, Obamacare figures in the equation. “The Medicare Trustees reported some good news for...

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A sale sign at a retail store in the Georgetown neighborhood of Washington, D.C.

Photograph by Andrew Harrer/Bloomberg

A sale sign at a retail store in the Georgetown neighborhood of Washington, D.C.

Slow Inflation: Warning Signal

Falling prices may sound good to the U.S. consumer, but Federal Reserve policy makers may be cringing at figures this morning showing that inflation has slipped further below their 2 percent target. The personal consumption expenditures price index, the Fed’s...

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Newt Gingrich, former Speaker of the U.S. House of Representatives, and wife Calista Gingrich arrive for the White House Correspondents' Association (WHCA) dinner in Washington, D.C., on April 27, 2013.

Photograph by Scott Eells/Bloomberg

Newt Gingrich, former Speaker of the U.S. House of Representatives, and wife Calista Gingrich arrive for the White House Correspondents' Association (WHCA) dinner in Washington, D.C., on April 27, 2013.

Newt, ‘Cally’ Gingrich: Niagara Falls — Class of ’12: Where in World?

Updated at 12:13 pm EDT, from Niagara Falls We heard from camp Romney this week, with Ann Romney’s word that her husband Mitt expected to win that 2012 presidential contest. That and a postcard from “Newt” this morning got us...

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