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Political Action Committees

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  • 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.

  • WASHINGTON, Dec 9- President Barack Obama's inauguration committee is accepting corporate donations to help fund the parade and other events associated with his Jan. 21 inauguration after tapped-out Democratic donors spent huge sums helping him get elected.

  • Political Stalemate in Washington  Monday, 3 Dec 2012 | 1:10 PM ET

    At the end of the year, tax rates are scheduled to increase on all Americans, with CNBC's John Harwood.

  • Efforts to Curb Social Spending Face Resistance Tuesday, 27 Nov 2012 | 10:43 AM ET

    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.