Updated at 3:45 pm EST The rift between Republican John Boehner, speaker of the House of Representatives, and Democrat Harry Reid, majority leader of the Senate, has surfaced behind closed doors as well as in public. Accusing the Senate of...
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Senate Majority Leader Harry Reid, right, speaks with Speaker of the House John Boehner on Capitol Hill in this file photo.
Boehner vs. Reid: Barroom Brawl
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 Andrew Harrer/Bloomberg
Senator Mitch McConnell, a Republican from Kentucky, on the Capitol.
McConnell: ‘Time to Get Serious’
Hero of the last minute bipartisan fiscal package, good cop to Vice President Joe Biden’s bad cop, Senate Minority Leader Mitch McConnell is insistent that he is sick and tired of being called in to bridge differences between the parties...
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Photograph by Andrew Harrer/Bloomberg
U.S. President Barack Obama delivers the State of the Union address to a joint session of Congress at the Capitol in Washington, Jan. 24, 2012.
State of the Union: Debt Ceiling Here
President Barack Obama was formally invited today to give this year’s State of the Union address on Feb. 12. That is Abraham Lincoln’s birthday. Obama will take his official oath of office for a second term on Jan. 20 on...
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Photograph by Tom Williams/CQ Roll Call
Chairman Pete Sessions, R-Texas, standing, greets Rep. Michael Burgess, R-Texas, as Rep. Ileana Ros-Lehtinen, R-Fla., looks on, during the first House Rules Committee.
Southern Discomfort: Fights Ahead
With President Barack Obama and Congress poised to clash over spending cuts and raising the $16.4 trillion federal debt limit, reaching a deal may be complicated by a North-South divide among Republicans made wider by the 2012 elections. In the South, most...
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Photograph by David Gould
Tax Boosts: Charities to Benefit
Higher tax rates mean more money for government — and for charity. To economists, the tax deduction for charitable contributions is equivalent to a government grant matching private donations that increases with income. So when the top tax rate increased...
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Photograph by Christopher Powers/Bloomberg
Mike Petters, president and CEO of Huntington Ingalls Industries Inc.
Huntington CEO Doesn’t See Need for You-May-Be-Fired Notices
The chief executive officer of Huntington Ingalls Industries Inc. says he doesn’t think it would serve the company’s purposes to issue mass-dismissal warnings to workers even if U.S. spending cuts occur later this year. “We are much more of a long-term business,” said...
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Photograph by Scott Eells/Bloomberg
Commuters make their way home on a subway in New York.
Bloomberg by the Numbers: 36
That’s the percentage of the public that says changes to tax laws to avert the so-called fiscal cliff will help the economy, according to the Pew Research Center for People & the Press. That compares with 46 percent who say...
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Photograph by Jewel Samad/AFP via Getty Images
A woman jogs past a roadside souvenir stall displaying T-shirt with President Barack Obama's picture in Washington on Jan. 5, 2013.
Obama Won Fiscal Talks — a Deal with Split Verdicts, Pew Finds
President Barack Obama has emerged as the winner in the showdown over resolving the tax increases and spending cuts known as the fiscal cliff, even as Americans are closely divided over what they think of the deal, according to a...
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Photograph by Jacquelyn Martin/AP Photo
The Capitol Visitor's Center in Washington.
Bloomberg by the Numbers: 43, 45
Those are the percentages of Americans who approve and disapprove, respectively, of last week’s agreement on the so-called fiscal cliff, according to Gallup. While Americans generally are divided on the agreement to avert automatic tax hikes and spending cuts, self-identified...
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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.
