Crony Capitalism / Rent-Seeking / Corporate Welfare / Revolving Door Corporate welfare refers to subsidies and regulatory protections that lawmakers confer on certain businesses and industries. When considering budget issues, federal policymakers are supposed to have the broad public interest in mind. Unfortunately, that is not how the federal budget process usually works in practice. … Read more
Neil Sedaka – Breaking Up Is Hard To Do Washington is an endless maze of funhouse mirrors, a fact we’re reminded of once a year when The Hill publishes its 50 Most Beautiful list [2017 was the last one], replete with people who are Washington hot, which is a step above rehab hot … Read more
From the Congressional Glossary – Including Legislative and Budget Terms Pennsylvania Avenue Pennsylvania Avenue (NW) is a street in Washington, DC, the nation’s capital city. The Capitol sits at the eastern end of Pennsylvania Avenue NW, and the White House is located a little more than a mile to the northwest of the Capitol, at … Read more
From the Congressional Glossary – Including Legislative and Budget Terms Lobby / Lobbying A group seeking to influence the passage or defeat of legislation. Originally the term referred to persons frequenting the lobbies or corridors of legislative chambers to speak to lawmakers. The definition of a lobby and the activity of lobbying is a matter … Read more
From the Congressional Glossary – Including Legislative and Budget Terms K Street / Gucci Gulch Colloquialisms for Washington, DC, lobbyists. K Street is taken from K Street NW in Washington, DC, where many lobbying firms are located. K Street is definitely “inside the Beltway.” Pork Party House: Where DC insiders go for taxpayer-subsidized fun Gucci … Read more
From the Congressional Glossary – Including Legislative and Budget Terms Capitol / Capitol Hill Map / National Mall (Click here for Google map) “The Capitol” is the United States Capitol Building, the building in which Congress meets. The Capitol is located on Capitol Hill in Washington, DC. (“The Capitol” is not “the Capital” and Capitol … Read more
“The seven stages of the office seeker,” by Edward Williams Clay (artist) and John Childs (lithographer). Image and text from the Library of Congress: A satire on patronage and corruption in New York State politics, based on the medieval theme, perpetuated in American folk art, of the “life and ages of man.” Here the seven … Read more