Political Capital
White House Press Secretary Jay Carney.

Photograph by Carolyn Kaster/AP Photo

White House Press Secretary Jay Carney.

White House: No Role in IRS Tea Party Exam, AP Saga News to Them

The White House was asked this question today about the IRS probe of conservative nonprofit groups: Can you say categorically that nobody at the White House and nobody on the president’s political team had any knowledge or was involved in...

Read more »

The Internal Revenue Service (IRS) building in Washington, D.C.

Photograph by Andrew Harrer/Bloomberg

The Internal Revenue Service (IRS) building in Washington, D.C.

Holder: Justice Investigating IRS

Written with Richard Rubin and Phil Mattingly Attorney General Eric Holder said today that the Justice Department has opened an investigation of the IRS’s examination of conservative political organizations to see if any crimes were committed. Yet he said he...

Read more »

The Strip in Las Vegas, Nevada.

Photograph by Ronda Churchill/Bloomberg

The Strip in Las Vegas, Nevada.

Staycations Yield to Vegas, Margaritaville: Sure Rebound Signs

DJ Steve Aoki sprayed champagne on attendees before selecting some to surf the crowd on an inflatable raft during opening week of the Hakkasan night club in Las Vegas last month. The five-story, $100 million-plus addition to the MGM Grand...

Read more »

Rep. Joe Sestak (D-PA), standing onstage with his wife Susan and daughter Alex, concedes the Pennsylvania Senate race to Republican Pat Toomey November 3, 2010 at the Radnor Hotel in St. Davids, Pennsylvania.

Photograph by William Thomas Cain/Getty Images

Rep. Joe Sestak (D-PA), standing onstage with his wife Susan and daughter Alex, concedes the Pennsylvania Senate race to Republican Pat Toomey November 3, 2010 at the Radnor Hotel in St. Davids, Pennsylvania.

Sestak Eyes Pennsylvania Comeback — in 2016

Just six months have passed since the last election and 18 months remain until the next one in November 2014. Pennsylvania Democrat Joe Sestak already is planning for the election after that. Sestak, a former House member who lost a...

Read more »

Immigrant workers package freshly-picked organic persimmons in Santa Cruz, California.

Photograph by Ryan Anson/Bloomberg

Immigrant workers package freshly-picked organic persimmons in Santa Cruz, California.

Too Few Hands for Hand-Picked Fruit?

Bill Landreth bought a second tractor as Berries by Bill Inc. sold more melons, sweet corn and strawberries. He also expanded to 200 the acreage of his Newport, Arkansas, farm devoted to the fruits and vegetables, though that’s where the growth...

Read more »

A Tea Party Express rally prior to the arrival of former GOP vice presidential candidate Sarah Palin in Phoenix.

Photograph by Ross D. Franklin/AP Photo

A Tea Party Express rally prior to the arrival of former GOP vice presidential candidate Sarah Palin in Phoenix.

IRS to Tea Party Groups: Tell Us Everything

The Internal Revenue Service had questions. Lots of questions. The U.S. tax agency has acknowledged targeting anti-tax groups with “Tea Party” or “patriot” in their names for extra scrutiny — an admission that has Congress asking questions of its own....

Read more »

Maersk Line, the world's biggest container shipping company, will stop plying through the Panama Canal to move goods from Asia to the U.S. east coast as bigger ships help the company move it profitably through Suez Canal.

Photograph by Kristian Helgesen/Bloomberg

Maersk Line, the world's biggest container shipping company, will stop plying through the Panama Canal to move goods from Asia to the U.S. east coast as bigger ships help the company move it profitably through Suez Canal.

Import Prices: Disinflation Concern

To anyone worried about global disinflation, today’s Labor Department report on the cost of goods imported into the U.S. will prove sobering. The import-price index dropped 0.5 percent in April from the prior month as fuel costs retreated 1.7 percent....

Read more »

Right fielder Bryce Harper, #34 of the Washington Nationals, walks off the field with trainer Lee Kuntz as he bleeds from the neck after running into the wall chasing a triple hit by A.J. Ellis of the Los Angeles Dodgers in the fifth inning at Dodger Stadium on May 13, 2013.

Photograph by Stephen Dunn/Getty Images

Right fielder Bryce Harper, #34 of the Washington Nationals, walks off the field with trainer Lee Kuntz as he bleeds from the neck after running into the wall chasing a triple hit by A.J. Ellis of the Los Angeles Dodgers in the fifth inning at Dodger Stadium on May 13, 2013.

Bryce Harper: Congressional Harmony ala Washington Nationals

The injured Bryce Harper, the Washington Nationals’ prolific outfielder, can add another accomplishment to his budding career – bringing Democrats and Republicans together. Majority Leader Harry Reid opened the Senate this morning with news that “the Republican leader and I...

Read more »


People stand behind a barricade while they wait to catch a glimpse of Britain's Prince Harry, who is expected to visit Casino Pier during a tour of the area hit by Superstorm Sandy, on May 14, 2013, in Seaside Heights, N.J.

Photograph by Julio Cortez/AP Photo

People stand behind a barricade while they wait to catch a glimpse of Britain's Prince Harry, who is expected to visit Casino Pier during a tour of the area hit by Superstorm Sandy, on May 14, 2013, in Seaside Heights, N.J.

Prince Harry: Jersey Shore Open for Business Post-Sandy

After the biggest Atlantic storm on record struck the New Jersey shore last October, Seaside Heights Mayor William Akers was asked repeatedly if the town would rebuild in time to welcome summer tourists. “Oh, no problem,”he’d reply. “The truth of the...

Read more »