After spending millions of dollars in the presidential and Senate campaigns with little to show for it, many superPACs and other outside groups are still tending their wounds. But it's too soon to write off superPACs as a waste of wealthy donors' money.
Consider, for instance, this upset in a congressional race outside Los Angeles.
New Year's Day typically inspires hope and new beginnings. But this next one may be cause for trepidation. Tax cuts for all income levels expire on Jan. 1, 2013, and most federal programs will face a 10 percent haircut — because Congress failed to agree on a deficit-reduction plan.