hector2009 saidOk not a big drinker here but going to party and asked to bring booze. What should I bring that won't break my bank? Please don't say Thunderbird though a cheap bottle of wine from trader joe's I'm told is not to bad.
Vodka is always welcome. Svedka is really Absolut, made by the same Swedish company but relabeled for some "price point" marketing strategy that's beyond my understanding. About $20 for 1.75 L in most stores, a nice big bottle to bring.
If you need to go under $20, try a quart or liter of rum. That can always be used with Coke and other things. Bacardi isn't too pricey, but a name your hosts will recognize.
As for wine, anything from Australia is quite trendy right now, at good prices. In the US, I like labels from the Columbia Valley in Washington State (I used to visit many of the wineries there). Their white wines are quite good, and anything from Chateau St. Michelle will not be bad, and reasonably priced, many under $10. Just be sure to chill a white, and wrap it to keep it cool.