“We don’t have an immediate crisis in terms of debt,” President Barack Obama said, during a discussion of the federal deficit and budget talks with Congress in an interview aired today by ABC News’ “Good Morning America.”’ “In fact,” the president...
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Photograph by Justin Sullivan/Getty Images
An adult daycare center in Novato, California.
Obama: Debt No ‘Immediate Crisis’ — CBO: ‘Serious Consequences’
Photograph by Andrew Harrer/Bloomberg
Demonstrators in favor of the Affordable Care Act stand outside the Supreme Court building on June 28, 2012.
Obama Says Health Law Cutting Costs; CBO Chief Isn’t So Sure
From Bloomberg Government’s Congress Tracker blog President Barack Obama said in his State of the Union address that his health-care overhaul is taming costs, though Congress’s top budget advisor isn’t so sure. Douglas Elmendorf, director of the nonpartisan Congressional Budget...
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Photograph by John Moore/Getty Images
An elderly congregation member in Warren, Ohio.
Bloomberg by the Numbers: $845 Billion
That’s the estimated federal budget deficit for this fiscal year, according to the Congressional Budget Office. “Recent tax increases and spending cuts will help pare the deficit to its lowest level since 2008,” the nonpartisan agency said in the first...
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Photograph by Jason Alden/Bloomberg
Marissa Mayer, chief executive officer of Yahoo! Inc., in Davos, Switzerland.
Washington Daybook: Agenda-Setting
It’s a day of setting agendas in Washington. An assortment of CEOs and pack of progressives will descend on the White House for separate meetings with President Barack Obama, as he lays out his agenda for the economy and issues...
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Photograph by Andrew Harrer/Bloomberg
House Speaker John Boehner, a Republican from Ohio, right, walks out of a House Republican caucus meeting at the Capitol on Jan. 1, 2013.
Boehner’s View from Bottom of Cliff
Updated at 10:50 and 11:10 am EST In the end, it’s on John Boehner. The speaker of the Republican-run House couldn’t convince his own party to accept his own alternative to the year-end tax increases which now have technically taken...
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Washington’s precarious fiscal-cliff stalemate. Photograph by Steven Puetzer
JPMorgan: Fiscal Cliff Slow-Walking Feeds Stock Market Volatility
Volatility has returned to U.S. stocks since the presidential election, and it’s partly Washington’s fault as the fiscal-cliff stalemate makes investors more and more skittish, according to JPMorgan Chase & Co. And even bigger swings may be on the way...
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The conclusion: ”Five reasons we can’t afford four more years of Barack Obama.”
Romney Ad: `The Obama Plan’
Republican Mitt Romney has spent a lot of time in debate and on the campaign trail talking about the last four years. Now, in the final weeks of the contest, the Romney campaign is airing an ad talking about the...
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Photograph by Sam Hodgson/Bloomberg
Job seekers meet prospective employers at an employment fair sponsored by National Career Fairs in San Diego.
Budget Agencies At Odds On Lasting Effect of Recession: CBO vs. OMB
The government’s two major budget agencies are taking opposing positions on the long-term impact of the 2007-2009 recession and sluggish recovery on the economy, Bloomberg BNA’s Jonathan Nicholson reports. The nonpartisan Congressional Budget Office, in its updated economic and budget forecast issued...
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Photograph by William B. Plowman/Redux
Demonstrators on the steps of the Supreme Court protest against the Affordable Care Act in Washington.
Latest CBO Report on Health Law Adds to Business Uncertainty
The Congressional Budget Office’s new estimates of the budgetary impact of the Affordable Care Act, made in the wake of the Supreme Court’s ruling last month, glides right by one obvious fact: the budget analysts really have no idea how...
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Photograph by Kevork Djansezian/Getty Images
The Los Angeles Mission's 11th annual Skid Row Career Fair.
Jobless Rate 9.1 Percent, When?
There’s a lot of talk about what unemployment might look like on Election Day. The Congressional Budget Office is talking about what it might look like after the election. Next year, the CBO projected today, the nation’s jobless rate will...
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Contributors
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Al Hunt
is a columnist for Bloomberg View and host of the weekly show "Political Capital with Al Hunt" on Bloomberg TV. -
Mark Silva
is deputy managing editor for government news in Washington and editor of Political Capital. He has covered the White House and national politics. -
Emma Fidel
is political editor for Bloomberg.com in Washington. She previously covered financial regulation as a Bloomberg intern. -
Don Frederick
edits political and government coverage for Bloomberg News. He previously worked for more than a decade at the Los Angeles Times' Washington bureau. -
Gregory Giroux
analyzes elections, financing of congressional and presidential elections, political advertising and demographics in Bloomberg's Washington Bureau. -
Julie Bykowicz
covers the influence of money and lobbying in Washington, and covered the state legislature and city crime for the Baltimore Sun for 10 years. -
Jonathan Salant
covers campaign finance and lobbying in Washington. He was president of the National Press Club and started in Washington in 1987. -
Richard Rubin
covers federal tax policy. He worked at Congressional Quarterly and The Charlotte Observer before joining Bloomberg News in 2010. -
Julie Hirschfeld Davis
is a senior political reporter for the Washington Bureau. She covered the 2012 campaign for Bloomberg News and previously covered the White House for the Baltimore Sun. -
Lisa Lerer
covers the White House and covered the 2012 campaign for Bloomberg News. She covered Congress, lobbying and the 2008 campaign for Politico. -
John McCormick
is a national political reporter looking forward to the 2016 presidential campaign, which will be the fifth he's covered. He's also reported for The Des Moines Register and Chicago Tribune. -
Julianna Goldman
covers the White House for Bloomberg News and Bloomberg Television. -
Hans Nichols
covers the White House for Bloomberg News and Bloomberg Television. -
Margaret Talev
covers the White House for Bloomberg News and covered the White House for McClatchy Newspapers. She has covered California and Florida politics. -
Cary O'Reilly
is Editor at Large at Bloomberg First Word and is Washington Daybook columnist for Bloomberg Government and Bloomberg News.
