The Power Of Pepco: Next time the lights go off during a thunderstorm, and you grumble about the rates you're paying for electricity, just remember they could be higher, if Pepco wasn't getting so much money back from the feds. Turns out the company paid an effective federal tax rate of -57 percent over the [...]

A PSA for the ball enthusiasts among you: The redoubtable Amanda Hess and I will be filing dispatches this evening from the Kentucky Society of Washington's 2009 Bluegrass Ball.
The to-do, whose slated guests include U.S Senators Mitch McConnell and Jim Bunning as well as former three-time Heavyweight Champion of the World Muhammad Ali, goes down [...]