In it, but not of it. TPM DC

Over the last three years, former Florida Gov. Jeb Bush has set up at least three private equity funds, incorporating in countries like the United Kingdom and soliciting foreign investors from China and elsewhere. His most recent venture was first disclosed in a Nov. 27 filing with the Securities and Exchange Commission. Bloomberg Politics' Joshua Green laid out the web of Bush's financial dealings in a new report Thursday, revelations that raise both substantive and practical questions about his prospects for a presidential candidacy in 2016.

Bush was named chairman and manager of BH Global Aviation, described by Bloomberg as a "new offshore private equity fund" that raised $61 million in September. It was incorporated in November in the United Kingdom and Wales, which experts told Green functioned as a tax haven for overseas investors.

According to Bloomberg, Bush has also launched another $26 million fund, supported by a Chinese business conglomerate, and a $40 million shale oil exploration fund in the last two years through a Florida-based holding company. All three funds are under the auspices of Bush's Florida company Britton Hill Holdings.

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The U.S. congressman who inserted language in the omnibus spending bill to block Washington, D.C.'s marijuana legalization ballot initiative says it doesn't violate the principle of state's rights.

"D.C.'s not a state," Rep. Andy Harris (R-MD) told a few reporters in the Capitol on Wednesday, in response to a question by TPM.

"I'm sorry, it's not a state!" he laughed.

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The North Carolina Department of Public Instruction last week encouraged high school teachers to use a history curriculum drafted by a group funded by the conservative billionaire Koch brothers.

The state legislature passed a law in 2011 requiring public schools in the state to offer a history course on the "Founding Principles," which was based on model legislation from the conservative American Legislative Exchange Council (ALEC).

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It has been percolating for some time, but the appetite among some on the left for a strong Democratic primary challenger to Hillary Clinton, should she decide to run in 2016, has burst into the open in recent days.

Two progressive grassroots groups, MoveOn.org and Howard Dean's Democracy for America, announced Tuesday that they would launch efforts to draft Sen. Elizabeth Warren (D-MA) into the race, if their members approved.

“There is too much at stake to have anything other than our best candidates in the debate," Ilya Sheyman, executive director of MoveOn.org Political Action, said in a statement. "We are prepared to show Senator Warren that she has the support she needs to enter—and win—the presidential race.”

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The federal government runs out of funding in two days and Congress still doesn't have a bill to prevent that from happening.

Congressional leaders are scrambling to extend the Dec. 11 midnight deadline while they hammer out the details of the "CRomnibus" — a combined omnibus to fund most of government through September, and a continuing resolution (or CR) to keep the immigration-enforcing Department of Homeland Security on a short leash through March.

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Haughty. Condescending. Pernicious.

Everything that the right already believes about President Barack Obama, MIT professor Jonathan Gruber embodied in his recently revealed comments on the "stupidity of the American voter" and the "lack of transparency" in the passage of the Affordable Care Act. Now he'll be back center-stage on Tuesday to testify at the House Oversight Committee, expected to face a classic Hill grilling.

Gruber-mania has gripped the conservative mediasphere in a way that few stories have, becoming another brand-name controversy like Benghazi and the IRS. An academic who had been little known outside of Washington or Boston has been mentioned nearly 2,800 times in English-language news since news of the most recent video broke last month. Prior to that, across a career that spanned decades and after playing an important role in Massachusetts and national health care reform, he'd been named less than 1,000 times, according to a TPM LexisNexis search.

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