Senate Finance Committee Chairman Max Baucus (D-Mont) says the firestorm engulfing the IRS is just the tip of the iceberg and believes “a lot more” information will come out in coming weeks. But House Ways & Means Committee Chairman Dave …
Read More »On Sunday’s Capitol Gains: Rep. Steny Hoyer on the Debt Limit
House Minority Whip Steny Hoyer (D-MD) insists Democrats will not negotiate over increasing the debt limit. He spoke with Peter Cook on Sunday’s Bloomberg Government’s “Capitol Gains.” “The Republican strategy of pretending that they’re going to take hostage the debt …
Read More »BGOV200 Infographic Snapshot
The second annual BGOV200 Federal Industry Leaders Study ranks the top 200 federal vendors by value of prime, unclassified contracts awarded by U.S. agencies in fiscal 2012. It ranks the top contractors at 24 agencies and departments, and in 20 …
Read More »The Other Reinhart-Rogoff Debate
By Robert Litan Lost in the kerfuffle over the infamous spreadsheet error in the statistical work of economists Carmen Reinhart and Kenneth Rogoff (RR) showing that growth slows once a nation’s debt-to-GDP ratio tops 90 percent is another of their …
Read More »Capitol Gains Extra: NASA’s Charles Bolden on Capturing an Asteroid
In an extra clip from last Sunday’s Capitol Gains, NASA Administrator Charles Bolden explains to Peter Cook how his agency is exploring plans to capture an asteroid that prevents a collision with earth. Follow Bloomberg Government on Twitter @BGOV
Read More »On Sunday’s Capitol Gains: NASA Administrator Charles Bolden on Sequestration
NASA Administrator Charles Bolden, in an exclusive interview on Bloomberg Government’s “Capitol Gains”, warns sequestration would “devastate” American space programs. Bolden says NASA’s plan to ferry astronauts to the international space station aboard commercial spacecraft by 2017 would be in …
Read More »Divided Views about the US Economy Continue After Middling Jobs Report
By Robert Litan With the employment report today beating expectations – at 165,000 new jobs, above the widely expected 140,000 gain – the U.S. economy continues to chug along at a steady, though unexciting pace. The unemployment rate ticked down …
Read More »Principal Forgiveness Fight Wanes as Watt Nominated to Run FHFA
By Nela Richardson Much of the discussion surrounding Representative Mel Watt’s nomination to be director of the Federal Housing Finance Agency focuses on policy differences between Watt and his soon-to-be predecessor, Ed Demarco. Mr. DeMarco endeared himself to Republicans by …
Read More »California May Join EU in Two-Front Internet Privacy Push
By Allan Holmes and Sanford Reback U.S. Internet companies are engaged in a two-front effort to defend the $100 billion they earn from online advertising. Companies such as Google and Facebook have been fighting proposed European Union privacy laws they …
Read More »On Sunday’s Capitol Gains: Senator Grassley on Immigration Reform
As Members of Congress weigh in on the Senate’s Gang of Eight immigration bill, Peter Cook talks with a critical player in the debate. Iowa Senator Chuck Grassley, the top Republican on the Senate Judiciary Committee, could help determine whether …
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