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It's All Politics
3:48 pm
Sun December 30, 2012

Fiscal Cliff Debate: Why The (Very) Few Rule The Many In Congress

Originally published on Sun December 30, 2012 6:15 pm

In the final hours of the latest budget crisis in Washington, several salient facts are increasingly clear.

First, the leaders of the two parties in the Senate might still put together a negotiated deal that would avert the combination of tax increases and spending cuts known as the fiscal cliff. The leaders would start with President Obama's top priorities, modify them to accommodate Republican preferences, throw in some measures that are GOP priorities and take the package to the floor.

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It's All Politics
2:59 pm
Sun December 30, 2012

McConnell Appeals To Biden To Break Through Fiscal Cliff Logjam

Senate Majority Leader Harry Reid, D-Nev., walks to a closed-door meeting with fellow Democrats at the Capitol on Sunday.
J. Scott Applewhite AP

Originally published on Sun December 30, 2012 7:36 pm

Senate negotiators failed to reach a deal Sunday on averting the "fiscal cliff," with the chamber adjourning for the night and only one day remaining before a package of spending cuts and tax increases automatically kicks in.

Majority Leader Harry Reid said the Senate will go back in session at 11 a.m. ET Monday. It's at least theoretically possible that negotiators might reach a deal and the Senate will have a package to vote on when it reconvenes Monday, meaning the measure could go to the House — where it may or may not come to the floor for a vote.

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It's All Politics
10:58 am
Sun December 30, 2012

Obama 'Modestly Optimistic' On Cliff Deal; 'He Won,' Says Graham

President Obama returned early from his holiday in Hawaii on Thursday for discussions on the "fiscal cliff."
Charles Dharapak AP

Originally published on Sun December 30, 2012 12:48 pm

President Obama went on the air to levy pressure on Congress Sunday as Senate leaders worked to negotiate a deal to avert the tax hikes and spending cuts known as the "fiscal cliff."

"I was modestly optimistic yesterday, but we don't yet see an agreement," Obama said in an interview with NBC's Meet the Press taped on Saturday. "Now the pressure's on Congress to produce."

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Kee Facts: A Few Things You Didn't Know
7:50 am
Sun December 30, 2012

Close The Year Out With Some Best-Selling Last Words

iStockphoto.com

Originally published on Sun December 30, 2012 5:27 pm

People often make lists of the greatest opening lines in fiction, but closing lines really appeal to me. They're your final moments with a book and can help you remember and treasure it forever.

The last weekend of the year seems an appropriate time to consider the final words of our favorite novels and short stories. Here are some that I'm especially fond of:

The Great Gatsby
F. Scott Fitzgerald
"So we beat on, boats against the current, borne back ceaselessly into the past."

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Business
5:11 am
Sun December 30, 2012

Retail Workers Bear Brunt Of Sluggish Holiday Sales

Pedestrians pass the Dow Jones display ticker in Times Square on Wednesday in New York. U.S. shoppers spent cautiously this holiday season, a disappointment for retailers that slashed prices to lure people into stores and now must hope for a post-Christmas burst of spending.
Frank Franklin II AP

Originally published on Sun December 30, 2012 4:51 pm

Several large retailers took a leap of faith on what they thought would be a gangbuster holiday season, hiring more seasonal workers this year than last.

Sales during the two months before Christmas weren't all that stunning, however, and that's meant fewer opportunities for seasonal workers.

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