Political Capital

Posts tagged: gao


Cross country skis on the National Mall in Washington, D.C. on Feb. 13, 2014.

Photograph by Saul Loeb/AFP via Getty Images

Cross country skis on the National Mall in Washington, D.C. on Feb. 13, 2014.

Homeland Security: Guarding Against Threats of Climate Change

A top U.S. homeland security official testified this week that the nation must be better prepared to handle extreme weather events sparked by a warming planet. David Heyman, assistant secretary for the department’s Office of Policy, and other officials told...

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A twenty-five bitcoin.

Photograph by Tomohiro Ohsumi/Bloomberg

A twenty-five bitcoin.

Buddy, Can You Spare a Bitcoin? — OK for Campaigns, FEC Says

So the question was raised: Can a political committee accept Bitcoins as an in-kind contribution? And the answer from the Federal Election Commission’s lawyers is yes — they’ve offered a draft opinion for the FEC to consider. The Conservative Action...

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A member of the Park Police places police tape in front of the Lincoln Memorial due to a partial government shut down in Washington, D.C., on Oct. 1, 2013.

Photograph by Joshua Roberts/Bloomberg

A member of the Park Police places police tape in front of the Lincoln Memorial due to a partial government shut down in Washington, D.C., on Oct. 1, 2013.

Contract Dispute? Hold that Thought

Government contractors will still be able to file protests of lost awards during the federal shutdown, but no one will be around to read them. The Government Accountability Office, which arbitrates federal contract disputes, is closed until the government reopens for business. The agency...

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Tim Cook, chief executive officer of Apple Inc., arrives to testify at a Senate Permanent Subcommittee on Investigations in Washington, D.C., on May 21, 2013. Cook defended his company's use of offshore tax shelters before U.S. senators who castigated the most-valuable technology company for avoiding $9 billion and more in payments.

Photograph by Pete Marovich/Bloomberg

Tim Cook, chief executive officer of Apple Inc., arrives to testify at a Senate Permanent Subcommittee on Investigations in Washington, D.C., on May 21, 2013. Cook defended his company's use of offshore tax shelters before U.S. senators who castigated the most-valuable technology company for avoiding $9 billion and more in payments.

Bloomberg by the Numbers: 12.6%

That was the average effective federal tax rate in 2010 for profitable U.S. corporations, according to a Government Accountability Office report. While the statutory federal corporate income tax rate ranges from 15 percent to 35 percent, they provide “only a...

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US_100_DOLLAR_BILLS

Photograph by Scott Eells/Bloomberg

Bloomberg by the Numbers: $181 Billion

That’s how much in income tax breaks U.S. corporations received in 2011, according to a Government Accountability Office report. The total refers to so-called tax expenditures — revenue that the federal government foregoes because of exemptions, deductions, credits, deferral or...

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A Boeing Co. ScanEagle Unmanned Aerial Vehicle (UAV) flies over the ocean.

Photograph by Boeing via Bloomberg

A Boeing Co. ScanEagle Unmanned Aerial Vehicle (UAV) flies over the ocean.

FAA Going Slow on Drones as Privacy Concerns Studied

The Federal Aviation Administration told Congress it’s further delaying the naming of six test sites for unmanned aircraft, as called for in a law passed Feb. 14, as it weighs the privacy implications of the new technology. FAA acting chief Michael Huerta’s letter...

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