Political Capital
President Barack Obama on the golf course in Palm City, Florida.

Photograph by Getty Images

President Barack Obama on the golf course in Palm City, Florida.

Obama’s Florida Golf Weekend — Limbaugh’s Sweater Weather

More fun facts on the Floridian in Palm City, Florida, where President Barack Obama is having his guys’ golf getaway this President’s Day weekend. Jim Crane, the avid golfer who owns the club and also the Houston Astros baseball team,...

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A tack welder in Dubuque, Iowa.

Photograph by Daniel Acker/Bloomberg

A tack welder in Dubuque, Iowa.

Factories Show February Strength

At first glance, manufacturing seemed to show signs of bipolarity in today’s economic releases. The Federal Reserve in Washington reported that production in manufacturing dropped 0.4 percent in January. That followed big back-to-back gains of 1.7 percent in November and 1.1...

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A police officer rides a bicycle past the Capitol on Feb. 12, 2013.

Photograph by Andrew Harrer/Bloomberg

A police officer rides a bicycle past the Capitol on Feb. 12, 2013.

CBO Addresses Camp Criticism of Global Tax Study

The Congressional Budget Office says it should have sought more outside voices to look at a Jan. 8 report on international tax policy options. The nonpartisan agency responded today to concerns raised by Rep. Dave Camp, chairman of the House Ways and Means...

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Sen. Frank Lautenberg, the oldest member of the U.S. Senate, stands with his wife Bonnie Englebardt Lautenberg, as he waves to a gathering on Feb. 15, 2013, in his hometown of Paterson, N.J., where he announced plans to retire at the end of his current term.

Photograph by Mel Evans/AP Photo

Sen. Frank Lautenberg, the oldest member of the U.S. Senate, stands with his wife Bonnie Englebardt Lautenberg, as he waves to a gathering on Feb. 15, 2013, in his hometown of Paterson, N.J., where he announced plans to retire at the end of his current term.

Retiring Lautenberg is Senate’s Only Remaining World War II Veteran

New Jersey Democrat Frank Lautenberg’s decision not to seek re-election in 2014 almost assuredly will close an era in the U.S. Senate. With Lautenberg’s departure, the chamber won’t have any World War II veterans, barring the election in next year’s races of someone else...

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A United States Air Force Global Hawk drone, manufactured by Northrop Grumman Corp., is displayed during a media preview in Seongnam, South Korea, in this file photo.

Photograph by SeongJoon Cho/Bloomberg

A United States Air Force Global Hawk drone, manufactured by Northrop Grumman Corp., is displayed during a media preview in Seongnam, South Korea, in this file photo.

Corporate Political Committees Funding 2014 Campaigns

For companies like Northrop Grumman Corp. and Comcast Corp., it’s never too early to make political action committee contributions to future elections. Federal Election Commission reports show company PACs made donations in December to candidates next facing the voters two...

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Sen. Frank Lautenberg, right, and Sen. Max Baucus arrive at the weekly Senate Democratic Policy Luncheon at the Capitol on Jan. 29, 2013.

Photograph by Alex Wong/Getty Images

Sen. Frank Lautenberg, right, and Sen. Max Baucus arrive at the weekly Senate Democratic Policy Luncheon at the Capitol on Jan. 29, 2013.

Bloomberg by the Numbers: 13

That’s how many consecutive U.S. Senate elections Democrats have won in New Jersey. The Democratic winning streak began in 1976, when Harrison Williams was elected for the fourth and final time, and was extended in 2012, when Democrat Robert Menendez...

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At the Senate Armed Services Committee, Sen. Ted Cruz, right, confers with Sen. James Inhofe, the ranking member, left, during a short recess in the confirmation hearing of Chuck Hagel, a former two-term senator and President Obama's choice to lead the Pentagon, on Capitol Hill on Jan. 31, 2013.

Photograph by J. Scott Applewhite/AP Photo

At the Senate Armed Services Committee, Sen. Ted Cruz, right, confers with Sen. James Inhofe, the ranking member, left, during a short recess in the confirmation hearing of Chuck Hagel, a former two-term senator and President Obama's choice to lead the Pentagon, on Capitol Hill on Jan. 31, 2013.

Ted Cruz Left Speechless in Sparring Over Hagel

Newly elected Texas Sen. Ted Cruz, a leader in the Republican fight against President Barack Obama’s nomination of Chuck Hagel to head the Defense Department, was silent as several party colleagues continued the battle today on the Senate floor. Cruz’s reticence, though, had...

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