Political Capital
Newt Gingrich, former U.S. Speaker of the House, attends the Republican National Convention in Tampa.

Photograph by Daniel Acker/Bloomberg

Newt Gingrich, former U.S. Speaker of the House, attends the Republican National Convention in Tampa.

Gingrich’s Debt $4.7 Million — Presidential Campaign Owes Candidate $650,000

Former House Speaker Newt Gingrich’s campaign for the Republican presidential nomination owed $4.7 million at the end of 2012, including almost $650,000 to himself, Federal Election Commission filings show. Gingrich raised $24.8 million for his campaign, including $151,814 in individual...

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Beyonce in Berlin in this file photo.

Photograph by Sascha Darmer/DAPD/AP Photo

Beyonce in Berlin in this file photo.

Beyonce Belts Out Anthem: Super Bowl Preview

Beyonce played Obama’s inauguration. Beyonce is going to play the Super Bowl. The singer was lip-syncing outside the Capitol on Inauguration Day. She was not lip-syncing, it appeared, at her news conference today in advance of her Super Bowl half-time...

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Secret service agents and police officers stand outside a Democratic caucus meeting room with Vice President Joe Biden at the Capitol.

Photograph by Andrew Harrer/Bloomberg

Secret service agents and police officers stand outside a Democratic caucus meeting room with Vice President Joe Biden at the Capitol.

Congressional Parents Protective of Tax Exemption ‘Kids,’ Engler Says

John Engler, president of the Business Roundtable and a Republican former governor of Michigan, says he thinks Congress can find a way to lower the corporate tax rate to 25 percent without sacrificing revenue. The problem: Getting members of Congress...

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The AT&T Mobility booth at the Mobile World Congress in Barcelona.

Photograph by Chris Ratcliffe/Bloomberg

The AT&T Mobility booth at the Mobile World Congress in Barcelona.

AT&T Dials Up More Than $3 Million for Obama Inauguration

AT&T Inc., the largest U.S. phone company, gave $3.1 million to President Barack Obama’s inaugural committee at a time when the federal government is deciding how to auction airwaves coveted by the Dallas-based wireless provider. The president’s  inaugural committee, in a...

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President Barack Obama and First Lady Michelle Obama stand on the edge of Lake Michigan to view the skyline of their home town, Chicago.

Photograph by Pete Souza/The White House via Getty Images

President Barack Obama and First Lady Michelle Obama stand on the edge of Lake Michigan to view the skyline of their home town, Chicago.

Obama: ‘My Story’ Impossible Elsewhere

President Barack Obama often has spoken of his improbable tale. He has written of  “The Audacity of Hope,” and his first campaign manager has written of the “Audacity to Win.” Yet today, the second-term White House is waxing simply nostalgic....

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Representative Michele Bachmann, a Republican from Minnesota and former GOP presidential candidate, left, is prepped for an interview in Washington.

Photograph by Andrew Harrer/Bloomberg

Representative Michele Bachmann, a Republican from Minnesota and former GOP presidential candidate, left, is prepped for an interview in Washington.

Democratic Super-PAC Targets 10 House Republicans

A leading Democratic super-political action committee is identifying 10 House Republicans whom it will target for defeat in the 2014 midterm elections. House Majority PAC said in a statement today that it would seek to unseat Michele Bachmann and John...

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Steven Dorantes, right, is comforted following a funeral mass for his brother Rey on Jan. 18, 2013 in Chicago. Rey Dorantes, 14, died after being shot six times while he was sitting on the front porch of his home while talking on the phone on Jan. 11. Dorantes's murder was the 21st homicide recorded in Chicago for 2013, a city which saw more than 500 homicides in 2012.

Photograph by Scott Olson/Getty Images

Steven Dorantes, right, is comforted following a funeral mass for his brother Rey on Jan. 18, 2013 in Chicago. Rey Dorantes, 14, died after being shot six times while he was sitting on the front porch of his home while talking on the phone on Jan. 11. Dorantes's murder was the 21st homicide recorded in Chicago for 2013, a city which saw more than 500 homicides in 2012.

Gun Violence in Obama’s Backyard: Chicago’s Problem is Emanuel’s

Chicago’s Mayor Rahm Emanuel will hold a midday news conference today with the city’s police chief, Superintendent Garry McCarthy. The two are almost certain to face questions about this month’s spiraling pace of murders in the nation’s third most populous...

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U.S. Defense Secretary Leon Panetta and Chuck Hagel during Prresident Barack Obama's nominations of White House counterterrorism adviser John Brennan to be the director of the Central Intelligence Agency (CIA) and former Nebraska Senator Chuck Hagel as Secretary of Defense.

Photograph by Brendan Smialowski/AFP via Getty Images

U.S. Defense Secretary Leon Panetta and Chuck Hagel during Prresident Barack Obama's nominations of White House counterterrorism adviser John Brennan to be the director of the Central Intelligence Agency (CIA) and former Nebraska Senator Chuck Hagel as Secretary of Defense.

Washington Daybook: Hagel’s Turn

Chuck Hagel gets a chance to face his critics at his confirmation hearing for defense secretary at the Senate Armed Services Committee today. Oklahoma Senator Jim Inhofe, the panel’s senior Republican, will lead the opposition against Hagel. Inofe has said...

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A person uses a cell phone to photograph assault style weapons before a press conference on Capitol Hill on Jan. 24, 2013.

Photograph by Brendan Smialoswki/AFP via Getty Images

A person uses a cell phone to photograph assault style weapons before a press conference on Capitol Hill on Jan. 24, 2013.

Bloomberg by the Numbers: 39

That’s how many current senators were serving in the Senate when it sought nine years ago to extend a ban on certain semiautomatic “assault weapons.” In March 2004, the Senate voted 52-47 for a 10-year extension of a ban on...

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