Dec 8, 2012 4:14pm

Obama Inauguration’s Big Donor Packages Previewed

The biggest donors to President Barack Obama’s second inauguration have been notified on what benefits will be available to them during that day’s festivities. Corporations and other organizations that donate in the highest bracket — $1 million — will have access to a children’s concert,… Read More »

Dec 8, 2012 6:37am

Obama: ‘I Won’t Compromise’ on Taxes

Taxes will rise on all Americans in 23 days without bipartisan Congressional intervention. But President Obama and House Republicans are showing little sign of breaking the frosty standoff over the “fiscal cliff.” Both sides remain at loggerheads over what to do about tax rates for… Read More »

Dec 7, 2012 6:58pm

White House Seeks $60.4 Billion for Sandy Recovery

The Obama administration has formally asked Congress for $60.4 billion in additional federal emergency aid for states hit by superstorm Sandy. That is above the $50 billion figure floated earlier in the week as a possible request, but still below the amount sought by many… Read More »

Dec 7, 2012 6:08pm

Vice President Joe Biden: Tax Deal Can Be Done in a Snap

ARLINGTON, Va. – Vice President Joe Biden took seven middle-class taxpayers to lunch at a diner in suburban northern Virginia today, highlighting their concern about the looming tax hike that could hit at the end of the month. “This is no time to add any… Read More »

Dec 7, 2012 4:22pm

Federal Agencies Brace for Deep Cuts Post-’Cliff’

With the “fiscal cliff” quickly approaching, federal agencies are stepping up preparations for deep automatic budget cuts that will kick in Jan. 2 unless the White House and Congress can reach a deal. The Office of Management and Budget told ABC News that a memo… Read More »

Dec 7, 2012 2:10pm

Obama Reverses on Unlimited Corporate Cash for Inaugural

After the most expensive campaign in U.S. history, President Obama is dropping his principled objection to some forms of political fundraising to help pay for the post-election party. ABC News has learned that the Presidential Inaugural Committee will accept unlimited corporate donations to help fund… Read More »

Dec 6, 2012 8:28pm

Obama Lights National Christmas Tree

With a little help from the first family and a slew of star performers, President Obama tonight lit the new National Christmas Tree, continuing 90 years of holiday tradition. “In times of war and peace, triumph and tragedy, we’ve always come together to rejoice in… Read More »

Dec 6, 2012 6:05pm

Obama Pitches Fiscal Cliff Plan In Visit With Virginia Family

President Obama took his “fiscal cliff” campaign to the living room of a Northern Virginia family today, where he urged lawmakers to extend middle class tax cuts and warned that failure to do so would harm the nation’s economy. Putting a human face to the… Read More »

Dec 5, 2012 5:39pm

Geithner: White House ‘Absolutely’ Willing To Go Off The Fiscal Cliff

Treasury Secretary Timothy Geithner this afternoon said the Obama administration is “absolutely” prepared to go off the looming “fiscal cliff” if Republicans do not agree to raise tax rates on the wealthy. Appearing on CNBC, Geithner was asked if the administration is willing to accept… Read More »

Dec 5, 2012 2:37pm

The President’s 2011 Remarks on Revenue + Ambassador Anna Wintour? — Today’s Q’s for O’s WH — 12/5/12

*NOTE: White House press secretary Jay Carney was joined at the briefing today by Jason Furman, Assistant to the President for Economic Policy and the Principal Deputy Director of the National Economic Council. My first question is a follow-up to one asked by the Associated… Read More »