Monday, Dec 31, 2012 10:18 AM PST | |
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Obama: Fiscal cliff deal ‘within sight – but it’s not done’ Monday, Dec 31, 2012 10:18 AM PST With just hours left to avoid the âfiscal cliff,â President Barack Obama declared Monday that Democrats and Republicans were closing in on a compromise to spare middle-class Americans from a painful income tax hike âbut itâs not done.â âToday, it appears that an agreement to prevent this New Year's tax hike is within sight, but [...] Full Story | Top |
Biden, McConnell pursue deal just hours before ‘fiscal cliff’ Monday, Dec 31, 2012 07:01 AM PST Merry Cliffmas Eve? Vice President Joe Biden and Republican Senate Minority Leader Mitch McConnell on Monday pursued behind-closed-doors efforts to avoid the âfiscal cliffâ with just hours to halt painful automatic income tax hikes from biting into American paychecks. McConnell announced on Sunday that he had reached out to Biden to help âjump-startâ stalled negotiations [...] Full Story | Top |
Clinton admitted to hospital with blood clot Sunday, Dec 30, 2012 05:55 PM PST Secretary of State Hillary Rodham Clinton has been admitted to a New York hospital for treatment of a blood clot, her spokesman said Sunday. State Department Spokesman Philippe Reines said Clinton had entered the hospital following a medical examination for a concussion she sustained earlier this month. "In the course of a follow-up exam today, [...] Full Story | Top |
Senate adjourns to Monday, eve of ‘fiscal cliff’ Sunday, Dec 30, 2012 03:51 PM PST Bottom line: Still no "fiscal cliff" deal. And none seems imminent. The U.S. Senate on Sunday ended the day still sharply divided over how to avoid the automatic income-tax hikes and deep government spending cuts set to kick in Jan. 1 that could plunge the economy into a new recession. Despite pleas from President Barack [...] Full Story | Top |
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