Political Capital
Potential buyers view a new home under construction in South Barrington, Illinois.

Photograph by Daniel Acker/Bloomberg

Potential buyers view a new home under construction in South Barrington, Illinois.

Housing Boost: ‘Born Outside the USA’

Congress may be on the verge of accidentally helping the economy. Washington lawmakers haven’t been able to compromise on ways to avert broad-based federal spending cuts, whether and how to implement unprecedented health-care changes or how to help rescue the...

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Sen. Bob Graham and his daughter, Gwen, talk to supporters at a John Kerry campaign rally in Riviera Beach, Fla., in this June 1, 2004 file photo.

Photograph by J.Pat Carter/AP Photo

Sen. Bob Graham and his daughter, Gwen, talk to supporters at a John Kerry campaign rally in Riviera Beach, Fla., in this June 1, 2004 file photo.

Gwen Graham: Florida Family Encore

Gwen Graham, daughter of former Florida Governor and U.S. Senator Bob Graham, caught a certain political bug during her father’s ill-fated campaign for president in 2004. She campaigned hard across Iowa and other venues for her dad. Now she is...

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An armed security guard at an elementary school.

Photograph by Steven Lane/The Columbian/AP Photo

An armed security guard at an elementary school.

Washington Daybook: Dueling Agendas

Rep. Elijah Cummings, a Maryland Democrat who favors new gun-control laws, will speak at the National Press Club today about the status of gun legislation in the House. Former Rep. Asa Hutchinson, an Arkansas Republican, will unveil the National Rifle...

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Sen. Ted Cruz (R-TX) talks with a reporter outside the Senate chamber on Capitol Hill on March 22, 2013 in Washington, DC.

Photograph by Drew Angerer/Getty Images

Sen. Ted Cruz (R-TX) talks with a reporter outside the Senate chamber on Capitol Hill on March 22, 2013 in Washington, DC.

Ted Cruz’s Silver Elephant Dinner: Debut Tour of 2016 Party Circuit

It’s never too early to book a dinner for the 2016 primary elections. Sen. Rand Paul of Kentucky already is lined up for the Iowa Republican Party’s Lincoln Day Dinner on May 10. And now comes word from the Palmetto...

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Workers erect an exterior wall panel in an apartment building under construction in Peoria, Illinois, on March 28, 2013.

Photograph by Daniel Acker/Bloomberg

Workers erect an exterior wall panel in an apartment building under construction in Peoria, Illinois, on March 28, 2013.

Low-Skilled Visas: Cap Key to Deal

Two years ago, the U.S. certified about 75,000 low-skilled laborers for guest-worker visas. Under the first year of a new plan that business and labor leaders have tentatively approved as part of a Senate proposal to revise the nation’s immigration...

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Former South Carolina Gov. Mark Sanford, left, greets former Charleston County councilman Curtis Bostic before a debate in Charleston, S.C., on March 28, 2013.

Photograph by Bruce Smith/AP Photo

Former South Carolina Gov. Mark Sanford, left, greets former Charleston County councilman Curtis Bostic before a debate in Charleston, S.C., on March 28, 2013.

Bloomberg by the Numbers: 37

That’s the vote percentage that former South Carolina Gov. Mark Sanford received in a first-round Republican primary March 19 in the state’s 1st District in and around Charleston. Sanford, seeking a political comeback after acknowledging an extramarital affair four years ago,...

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An employee counts U.S. 100 dollar notes and 500 ruble notes, right, at the counter of an OAO Sberbank currency exchange in Moscow, Russia.

Photograph by Andrey Rudakov/Bloomberg

An employee counts U.S. 100 dollar notes and 500 ruble notes, right, at the counter of an OAO Sberbank currency exchange in Moscow, Russia.

Fed Doesn’t Target Exchange Rates — But if it Did…

Ask Federal Reserve officials about their goals for the U.S. exchange rate, and they will demur. The Fed’s standard response is that the strength or weakness of the dollar is a matter for the U.S. Treasury. Yet one of the...

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Secretary of State Hillary Clinton delivers remarks at a reception honoring Public/Private Partnerships in the Benjamin Franklin room of the State Department on January 31, 2013, in Washington, DC.

Photograph by Paul J. Richards/AFP via Getty Images

Secretary of State Hillary Clinton delivers remarks at a reception honoring Public/Private Partnerships in the Benjamin Franklin room of the State Department on January 31, 2013, in Washington, DC.

Hillary Clinton Shuts Down 2008 Committee While Deciding on 2016

Hillary Clinton, former U.S. secretary of state, U.S. senator from New York and first lady, has officially closed the committee from her unsuccessful bid for the 2008 Democratic presidential nomination. After paying off the last remaining debt from her campaign, and...

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President Barack Obama, First Lady Michelle Obama, daughters Sasha and Malia and The Easter Bunny, cheer on as children race to roll eggs as they participate in the White House Easter Egg Roll on the South Lawn of the White House in Washington, DC, on April 1, 2013.

Photograph by Saul Loeb/AFP via Getty Images

President Barack Obama, First Lady Michelle Obama, daughters Sasha and Malia and The Easter Bunny, cheer on as children race to roll eggs as they participate in the White House Easter Egg Roll on the South Lawn of the White House in Washington, DC, on April 1, 2013.

Obama’s Hoops: Two for 22 — So Much For Home-Court Advantage

Updated at 1:15 pm EDT It was bad enough that President Barack Obama already was “busted” in his NCAA bracket. Most of his early tournament picks fell, and last week his No. 1 pick, Indiana, was defeated. Yet, under a...

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