Political Capital
A shadow of the U.S. flag is seen on the Internal Revenue Service (IRS) building in Washington.

Photograph by Andrew Harrer/Bloomberg

A shadow of the U.S. flag is seen on the Internal Revenue Service (IRS) building in Washington.

IRS Whistle-Blowers Face Bounty Cuts

For all the budgetary horror stories surrounding the possible “sequestration” of federal defense and discretionary spending on March 1, there could be a hint of good news for tax cheats. The Internal Revenue Service stands to lose $10 million from...

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Del. Eleanor Holmes Norton during the news conference in this file photo.

Photograph by Bill Clark/CQ Roll Call/Getty Images

Del. Eleanor Holmes Norton during the news conference in this file photo.

Norton to Army: Move Family From Dump

A family that wants to leave the tony Washington, D.C., neighborhood of Spring Valley because of concerns over the area being a former dumping ground for military munitions is getting some help from Delegate Eleanor Holmes Norton. The District of...

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Former first lady Laura Bush speaks at the Global Women's Cancer Summit in Washington on Feb. 4, 2013.

Photograph by Nicholas Kamm/AFP via Getty Images

Former first lady Laura Bush speaks at the Global Women's Cancer Summit in Washington on Feb. 4, 2013.

Laura Bush Opts Out of Gay Marriage Ad Campaign

Laura Bush generally steered clear of controversial issues during her eight years as first lady, and that’s a posture she wants to continue. Although she has voiced support in the past for legalizing same-sex marriage, she didn’t authorize and doesn’t want to be...

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Big Bird of Sesame Street in New York City.

Photograph by Mike Lawrie/Getty Images

Big Bird of Sesame Street in New York City.

Big Bird, Live, at the White House — Dancing with the First Lady

Big Bird is back. After suffering the debating slings and arrows of Republican Mitt Romney during the 2012 presidential election campaign, the iconic feathered star of Sesame Street  is taking a big new role for President Barack Obama’s White House....

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Karl Rove, former Senior Advisor and Deputy Chief of Staff to former President George W. Bush, left, talks to Sen. Orrin Hatch, on the floor of the Republican National Convention in Tampa, Fla., on Aug. 27, 2012.

Photograph by David Goldman/AP Photo

Karl Rove, former Senior Advisor and Deputy Chief of Staff to former President George W. Bush, left, talks to Sen. Orrin Hatch, on the floor of the Republican National Convention in Tampa, Fla., on Aug. 27, 2012.

Rove as Kingmaker Rejected by Republicans Seeking Better Returns

For more than a decade, Republicans have looked to Karl Rove for the solution. Now, a growing number see him as the problem. Rove, 62, has put his imprimatur and donor money behind the Conservative Victory Project, formed to choose...

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President Barack Obama arrives to speak in the South Court Auditorium of the Eisenhower Executive Building next to the White House in Washington, on Feb. 19, 2013.

Photograph by Andrew Harrer/Bloomberg

President Barack Obama arrives to speak in the South Court Auditorium of the Eisenhower Executive Building next to the White House in Washington, on Feb. 19, 2013.

Washington Daybook: Sequestration

While President Barack Obama and congressional Republicans trade blame over who’s responsible for the budget stalemate gripping Washington, a new poll shows the president may have the upper hand in the eyes of most Americans. A Bloomberg national poll released...

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A memorial for the Sept. 11, 2001 attacks stands at the Pentagon in Arlington, Virginia.

Photograph by Rich Clement/Bloomberg

A memorial for the Sept. 11, 2001 attacks stands at the Pentagon in Arlington, Virginia.

Bloomberg by the Numbers: $46 Billion

That’s how much the Pentagon would face in cuts for the rest of the fiscal year if automatic spending cuts went into effect March 1. The across-the-board cuts, known as sequestration, will “result in a serious erosion of readiness across...

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Mitt Romney speaks next wit his sons during the regional Conservative Political Action Conference (CPAC) on October 4, 2012 in Denver, Colorado.

Photograph by Justin Sullivan/Getty Images

Mitt Romney speaks next wit his sons during the regional Conservative Political Action Conference (CPAC) on October 4, 2012 in Denver, Colorado.

Romney’s Return (To a Public Stage)

Mitt Romney is finally ready to speak again — in public. The American Conservative Union announced today that the 2012 Republican presidential nominee will speak at the Conservative Political Action Conference in mid-March outside Washington, D.C. “The thousands gathered at...

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