Political Capital

A memorial to the Boston Marathon bombing victims on Boylston Street on May 14, 2013.

Photograph by Darren McCollester/Getty Images

A memorial to the Boston Marathon bombing victims on Boylston Street on May 14, 2013.

Boston ‘Strong’ Moving On: PD Says

Today, one month after the bombings at the finish line of the Boston Marathon that claimed three lives and injured more than 260 people, a certain period of mourning is ending. At 2:50pm flags at BPD headquarters and Districts will...

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President Barack Obama and Attorney General Eric Holder, right, stand during the National Anthem as they attend the National Peace Officers Memorial Service, an annual ceremony honoring law enforcement who were killed in the line of duty in the previous year, on May 15, 2013.

Photograph by Saul Loeb/AFP via Getty Images

President Barack Obama and Attorney General Eric Holder, right, stand during the National Anthem as they attend the National Peace Officers Memorial Service, an annual ceremony honoring law enforcement who were killed in the line of duty in the previous year, on May 15, 2013.

Obama Thinks First, Acts Later: Carney

Has President Barack Obama not made his objections about the Internal Revenue Service’s handling of conservative groups seeking tax-exempt status clear enough — as well as what he intends to do about it? The White House is getting roundly criticized...

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New homes are under construction at a housing development on March 6, 2013 in Gilbert, Arizona.

Photograph by Justin Sullivan/Getty Images

New homes are under construction at a housing development on March 6, 2013 in Gilbert, Arizona.

Real-Estate Agent Earnings Point to Home-Price Jump

While prices for most commodities are falling, real-estate values are surging. The Labor Department’s report on producer prices today showed wholesale costs dropped 0.7 percent in April from the prior month, the biggest decline in three years, Bloomberg’s Alex Kowalski...

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White House press secretary Jay Carney, rear, is seen on a television monitor during his daily news briefing at the White House.

Photograph by Pablo Martinez Monsivais/AP Photo

White House press secretary Jay Carney, rear, is seen on a television monitor during his daily news briefing at the White House.

Carney: ‘Scandals Metastasize’ — in the Industrial-Scandal Complex

In Washington, it’s often more the cover-up than the scandal that undoes a president. “And when it’s over, we’ll be hard-pressed to remember how it began.” So wrote Jay Carney, then a correspondent for Time magazine, in 2007, in the...

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Copies of the Obama Administration's proposed FY 2014 federal budget at the Government Printing Office Book Store on April 10, 2013 in Washington, DC.

Photograph by Chip Somodevilla/Getty Images

Copies of the Obama Administration's proposed FY 2014 federal budget at the Government Printing Office Book Store on April 10, 2013 in Washington, DC.

Bloomberg by the Numbers: $642 Bln

That’s the projected budget deficit for fiscal 2013, according to the Congressional Budget Office. That projection is about $200 billion below the $845 billion estimate that CBO released in February. The decrease is “mostly as a result of higher-than-expected revenues...

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The X-47B drone is launched from the USS George H.W. Bush, on May 14, 2013.

Courtesy U.S. Navy via Northrop Grumman

The X-47B drone is launched from the USS George H.W. Bush, on May 14, 2013.

George Bush Launches Drone

That’s the USS George H.W. Bush, his grandson is proud to note, that launched the first of many drones the Navy hopes to deploy aboard aircraft carriers. The GHWB making waves today…X-47B makes historic carrier launch cnet.co/128V9f3 via @cnet #gonavy...

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New York City Mayoral Candidate and Senior Managing Director at Siebert Brandford Shank & Co William Thompson speaks at the Bloomberg Link State and Municipal Finance Briefing held at Lighthouse International in New York.

Photograph by Jin Lee/Bloomberg

New York City Mayoral Candidate and Senior Managing Director at Siebert Brandford Shank & Co William Thompson speaks at the Bloomberg Link State and Municipal Finance Briefing held at Lighthouse International in New York.

NYC’s Thompson Counts on Momentum in Mayoral Race

William Thompson hasn’t stopped campaigning for mayor since 2009, when he lost to Michael Bloomberg by just 4.3 percentage points, after the billionaire outspent Thompson 10-to-one to win a third and final four-year term. Thompson, 59, the only black candidate...

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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...

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