Political Capital

Posts tagged: Defense

A U.S. Air Force A-10 "Warthog" from the 332nd Air Expeditionary Wing takes off for a mission into Iraq.

Photograph by U.S. Air Force photo by Senior Airman JoAnn S. Makinano via Bloomberg

A U.S. Air Force A-10 "Warthog" from the 332nd Air Expeditionary Wing takes off for a mission into Iraq.

Defense Cuts Face Political Bases: Warthog, Spy-Plane Defenders

From Bloomberg Government’s Congress Tracker: Defense Secretary Chuck Hagel has presented Congress with some unpalatable political decisions in the midst of an election year. His budget proposal for fiscal year 2015 would create some clear political losers. Among them: congressional...

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A model of a F-16 fighter jet, manufactured by Lockheed Martin Corp., during the 13th Dubai Airshow at Dubai World Central on Nov. 18, 2013.

Photograph by Duncan Chard/Bloomberg

A model of a F-16 fighter jet, manufactured by Lockheed Martin Corp., during the 13th Dubai Airshow at Dubai World Central on Nov. 18, 2013.

Aerospace Industry Decries ‘Excessive Pursuit of Fiscal Austerity”

The defense aerospace industry, which includes contracting giants Lockheed Martin and Northrop Grumman, has been a strong financial supporter of congressional Republicans, allotting 63 percent of their campaign donations this year to the party’s candidates and committees. The Republicans’ insistence...

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Grover Norquist, president of Americans for Tax Reform, speaks during an interview in Washington, D.C.

Photograph by Rich Clement/Bloomberg

Grover Norquist, president of Americans for Tax Reform, speaks during an interview in Washington, D.C.

Norquist: ‘End of the Grand Bargain’

Democrats, chafing at the “choke collar” on their appropriators, are yielding their desire to raise taxes to their thirst for bigger spending, says one of the capital’s leading anti-tax activists. The budget deal at hand — approved overwhelmingly by the...

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An attendee visits the Northrop Grumman Corp. booth during the 28th National Space Symposium in Colorado Springs.

Photograph by Matthew Staver/Bloomberg

An attendee visits the Northrop Grumman Corp. booth during the 28th National Space Symposium in Colorado Springs.

Coalition of Industries and Advocates Fight Sequestration

The defense aerospace industry gave 60 percent of its donations to Republicans during the 2012 elections. The high-tech industry gave 59 percent of its contributions to the Democrats. Now, representatives of both industries are teaming up to push back on a...

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A Lockheed Martin Corp. Fury unmanned aircraft system (UAS) hangs above the exhibition floor at the Association for Unmanned Vehicle Systems International (AUVSI) unmanned systems conference in Washington, D.C., on Aug. 13, 2013.

Photograph by Andrew Harrer/Bloomberg

A Lockheed Martin Corp. Fury unmanned aircraft system (UAS) hangs above the exhibition floor at the Association for Unmanned Vehicle Systems International (AUVSI) unmanned systems conference in Washington, D.C., on Aug. 13, 2013.

Companies Decrying Shutdown Backed Republicans Who Pushed It

The political action committees of Lockheed Martin Corp. and Raytheon Co. contributed to the campaigns of Tea Party-aligned House Republicans just before the partial government shutdown that ended this week. Lockheed, the largest U.S. contractor, was among the companies forced...

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A man sits in front of the Lincoln Memorial on the National Mall in Washington, DC, on October 1, 2013.

Photograph by Brendan Smialowski/AFP via Getty Images

A man sits in front of the Lincoln Memorial on the National Mall in Washington, DC, on October 1, 2013.

Shutdown: Day One

Updated at 9:39 am through 5:53 pm EDT With David Lerman reporting from the Pentagon  The House’s Republicans have come up with another non-starter in the stalled budget talks with the Democratic-run Senate. The White House says President Barack Obama...

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Palestinian men hold up their national flag and the old Syrian flag, left, now used by the opposition to the regime of Syrian President Bashar al-Assad, on August 30, 2013 in Gaza City.

Photograph by Mohammed Abed/AFP via Getty Images

Palestinian men hold up their national flag and the old Syrian flag, left, now used by the opposition to the regime of Syrian President Bashar al-Assad, on August 30, 2013 in Gaza City.

What Congressional Leaders Are Saying About Syria

From the Bloomberg Government Political  Capital Blog Congressional leaders are weighing in on the possibility of the U.S. taking military action against Syria for the alleged use of chemical weapons. They received a phone briefing by administration officials late yesterday....

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In this Sunday, Aug. 18, 2013 photo, 
Egyptian Army soldiers stand guard on an armored vehicle outside the main Christian Orthodox Cathedral in the southern city of Assiut, Egypt, on August 18, 2013.

Photograph by Roger Anis/El Shorouk Newspaper via AP Images

In this Sunday, Aug. 18, 2013 photo, Egyptian Army soldiers stand guard on an armored vehicle outside the main Christian Orthodox Cathedral in the southern city of Assiut, Egypt, on August 18, 2013.

Bloomberg by the Numbers: $1.3 Billion

That’s how much the U.S. provides Egypt’s armed forces in annual aid. A 51 percent majority of Americans say it’s better to cut off military aid to put pressure on the Egyptian government, compared with 26 percent who back continued...

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A protester during a demonstration by federal employees outside the Department of Labor, with the Capitol in the background, in Washington, D.C., on March 20, 2013.

Photograph by Andrew Harrer/Bloomberg

A protester during a demonstration by federal employees outside the Department of Labor, with the Capitol in the background, in Washington, D.C., on March 20, 2013.

Union to Pentagon: Stop Throwing Us Crumbs

The head of a union representing government workers is upset that the Pentagon is planning to furlough employees for 14 days while continuing to spend hundreds of billions of dollars on contracts with private firms. The unpaid leave for the...

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