Larry Craig has been ordered to pay nearly $242,000 to the U.S. The order says Craig must pay back $197,535 of campaign funds plus a penalty of $45,000. The Idaho Republican had argued that Senate rules allow reimbursements for any official travel costs and he was traveling between Idaho and Washington, D.C., for work.» Read More
WASHINGTON— House Democrats' campaign arm spent heavily last month but still has almost $55 million left in the bank for an uphill fight against the Republican majority, party officials said Thursday. Its GOP rival, the National Republican Congressional Committee, has not yet released its August fundraising tally and faces a Saturday deadline to do so.
Court documents released Thursday alleged that Walker coordinated fundraising with outside conservative groups during a recall election.
WASHINGTON, May 8- The U.S. In a unanimous vote, the FEC, which enforces U.S. campaign finance laws, said a political committee could accept donations in bitcoins up to an individual limit of $100 for each election cycle and could also purchase bitcoins.
A new case before the Supreme Court seeks to raise limits on political donations.
Republicans denounce the IRS after it apologized for inappropriately flagging conservative political groups for additional reviews during the 2012 election.
At this hour, President Obama is visiting victims of the Boston terror attack, reports CNBC's Scott Cohn.
Austan Goolsbee, University of Chicago Booth School of Business, warns that growth will go down and unemployment will go up as a result of these forced budget cuts.
The very latest on fiscal cliff talks, with CNBC's John Harwood, Steve Liesman & Larry Kudlow.
The House is expected to vote on Speaker Boehner's "Plan B" budget proposal tonight, reports CNBC's John Harwood.
Emboldened by gains in Congress, Democrats appear less willing to compromise in “fiscal cliff" talks on cuts to entitlement programs like Medicare and Social Security, The New York Times reports.
The impasse in Congress over the “fiscal cliff” could be the Grinch that steals Christmas if it isn’t resolved soon.
With Congress returning from Thanksgiving, here’s the good news for those looking to avoid the “fiscal cliff”: Members of both parties do agree on one LARGE point — taxes for the wealthy should go up.
The party must come to grips with the 'demographic realities' reshaping the US electorate and devise new strategies for connecting with growing populations of minorities, single women, and youth, the Christian Science Monitor reports.
Mitt Romney attributed President Obama's victory in part to big policy "gifts" for African-American, Hispanic and young voters, The New York Times reports.
President Obama offers insight on the Latino vote and immigration reform. He says strong Latino voter turnout is one of the reasons he believes he'll be able to get Congress to go along with comprehensive reform very soon after his inauguration.
Tax reform sounds like a great idea - until the loophole that's closed is the one that puts money in your pocket.
The re-election of President Obama did not presage an end to the deregulated fund-raising unleashed by Citizens United; it most likely will encourage reinforced the practice, The New York Times reports.
President Obama, emboldened by his decisive re-election, is looking to the budget talks this week as a second chance to end gridlock in Washington, the New York Times reports.
President Obama said Friday that he would insist that tax increases on affluent Americans be part of any agreement to avoid a year-end fiscal crisis. The New York Times reports.