Political Capital
Danny Werfel, federal controller, Office of Management and Budget, testifies before a Senate Appropriations Committee hearing in Hart Building on the impacts of the sequestration on his agency.

Photograph by Tom Williams/CQ Roll Call/Getty Images

Danny Werfel, federal controller, Office of Management and Budget, testifies before a Senate Appropriations Committee hearing in Hart Building on the impacts of the sequestration on his agency.

Obama Naming Werfel for IRS

Updated at 3:25 pm EDT President Barack Obama has picked Danny Werfel, controller of the Office of Management and Budget, as acting commissioner of the Internal Revenue Service. Werfel, 42, will replace Steven Miller, who was forced to resign yesterday...

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President Barack Obama, left, and former President George W. Bush arrive at the opening ceremony of the George W. Bush Presidential Center on April 25, 2013 in Dallas, Texas.

Photograph by Alex Wong/Getty Images

President Barack Obama, left, and former President George W. Bush arrive at the opening ceremony of the George W. Bush Presidential Center on April 25, 2013 in Dallas, Texas.

Obama’s Second Term vs. Bush’s Second Term: Job Approval #s

That second term can be a real problem. On May 19, 2005, the Pew Research Center reported that then-President George W. Bush’s popularity was slipping: “Americans are critical of President Bush’s job performance in many policy areas, but negative opinions...

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Construction crews work on new homes being built in San Ramon, California, on April 12, 2013.

Photograph by David Paul Morris/Bloomberg

Construction crews work on new homes being built in San Ramon, California, on April 12, 2013.

Building Permits Dwarf Ground-Breaking

Applications to build homes climbed in April to the highest level since June 2008, helping alleviate concern that a slump the same month in construction starts on new houses would mean less support for the economy in the second half...

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People march through the streets of Oxnard, California, for immigration reform and to honor the legacy of Cesar E. Chavez, founder of the United Farm Workers of America, on March 24, 2013.

Photograph by Joe Klamar/AFP via Getty Images

People march through the streets of Oxnard, California, for immigration reform and to honor the legacy of Cesar E. Chavez, founder of the United Farm Workers of America, on March 24, 2013.

Immigration Bill: Promise with a Prayer

At the rose-adorned grave-site of Cesar Chavez, co-founder of the National Farm Workers Association, widow Helen Chavez had one wish for the visiting President Barack Obama. “I would like to make sure and request that you get immigration reform passed,”...

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Former South Carolina Gov. Mark Sanford arrives to give his victory speech on May 7, 2013, in Mt. Pleasant, S.C. Sanford won back his old congressional seat in the state's 1st District in a special election.

Photograph by Rainier Ehrhardt/AP Photo

Former South Carolina Gov. Mark Sanford arrives to give his victory speech on May 7, 2013, in Mt. Pleasant, S.C. Sanford won back his old congressional seat in the state's 1st District in a special election.

Bloomberg by the Numbers: 16

That’s how many U.S. House members in the current 113th Congress have served non-consecutive tenures. The total includes Mark Sanford, a South Carolina Republican who was sworn in yesterday to the House, where he previously served from 1995 to 2001....

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Speaker of the House John Boehner, left, conducts a ceremonial swearing-in with U.S. Rep. Mark Sanford (R-SC), center, and his mother Peggy Sanford, right, at the Capitol on May 15, 2013 in Washington, DC.

Photograph by Chip Somodevilla/Getty Images

Speaker of the House John Boehner, left, conducts a ceremonial swearing-in with U.S. Rep. Mark Sanford (R-SC), center, and his mother Peggy Sanford, right, at the Capitol on May 15, 2013 in Washington, DC.

Sanford Takes Office, Declaring Himself ‘Humbled’ and Appreciative

Written with Greg Giroux Mark Sanford, the former South Carolina governor disgraced when he lied about his whereabouts to conceal an extramarital affair, found political redemption May 7 when South Carolina voters elected him to fill a vacant seat in Congress....

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A vehicle and the surround buildings burn after they were set on fire inside the U.S. consulate compound in Benghazi late on September 11, 2012.

Photograph by STR/AFP via Getty Images

A vehicle and the surround buildings burn after they were set on fire inside the U.S. consulate compound in Benghazi late on September 11, 2012.

Charge of the Obama Brigade: IRS, Benghazi, Reporters

President Barack Obama, addressing a live television audience from the White House, said the commissioner in charge of the IRS has been removed following the agency’s targeted scrutiny of conservative groups. “The misconduct uncovered is inexcuseable,” Obama said in a...

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A customer browses shoes at a Coach Inc. store in New York.

Photograph by Victor J. Blue/Bloomberg

A customer browses shoes at a Coach Inc. store in New York.

Payroll Tax Cut Most Paychecks: Survey

The outlook for consumer spending may hinge on what 55 percent of American households do next. That’s the share of respondents who noticed their paychecks had gotten smaller at the start of the year when the payroll tax reverted to...

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President Barack Obama walks across the South Lawn while departing the White House on May 13, 2013.

Photograph by Chip Somodevilla/Getty Images

President Barack Obama walks across the South Lawn while departing the White House on May 13, 2013.

Obama’s U.S. Debt: $1 Million-Plus in Treasury Notes, Disclosure Shows

For all the talk about averting any default on U.S. debt, this is personal for the president. President Barack Obama holds between $1 million and $5 million in Treasury notes, according to his personal financial disclosure released by the White...

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