TheoWire

The Obama administration is weighing how the government can encourage workers to turn their savings into guaranteed income streams following a collapse in retiree accounts when the stock market plunged.

Just how busy are Washington lobbyists these days? Consider this: There are nearly 1,000 fewer of them than there were at this time last year—but their clients are spending just as feverishly as they did a year ago, shelling out $1.6 billion through June 30 alone.