“President Obama is kicking off budget dealings with congressional leaders with new leverage from last week's big win, but he confronts a decidedly tricky path to avoiding a market-rattling ‘fiscal cliff’ that could imperil a still-fragile economy,” USA Today reports. “Obama's GOP rivals promise greater flexibility on new tax revenues, but Democrats face pressure from liberal interest groups urging the president to take a hard line and avoid cutting big benefit programs like Medicare and food stamps. It's up to Obama to navigate the course toward an agreement.”
Time magazine notes that the Obama campaign raised nearly $700 million online. "In total, according to new campaign calculations acquired exclusively by TIME, the Obama team raised about $690 million digitally in 2012, up from about $500 million in 2008, according to a senior campaign adviser. That number includes all contributions that were given electronically, including some donations that were generated by high-dollar fundraisers but logged through the website."
More: "When counting only fundraising that was initially generated by digital efforts, including email, social media, mobile and the website, the 2012 campaign raised $504 million, up from $403 million in 2008."