Originally published on Fri December 21, 2012 9:25 am
House Speaker John Boehner's "major defeat" Thursday night — when he had to pull his "Plan B" to extend Bush-era tax cuts for nearly all American taxpayers because he couldn't get enough support from his fellow Republicans — means negotiations about avoiding the so-called fiscal cliff remain at an impasse.
Originally published on Fri December 21, 2012 9:38 am
Update at 9:36 a.m. ET: In Newtown and across the nation, bells rang starting at 9:30 a.m. ET, to honor the 20 children and six adults killed one week ago at Sandy Hook Elementary School in Newtown, Conn. And on the Web, it appears many did take part in #MomentForSandyHook — judging from the sharp slowdown in our Twitter feed.
House Speaker John Boehner was dealt a major defeat Thursday night. After spending most of the week trying to round up votes for his "Plan B" to extend tax cuts for virtually everyone, he pulled the measure without a vote and sent the House home for Christmas. The clock keeps ticking toward the end of the year, when automatic tax increases and spending cuts are set to hit.
Early Thursday, Boehner expressed confidence not only that his bill would pass but that the Democratic-controlled Senate would feel so much pressure, it would be forced to consider it, too.
Some insurance companies are taking a page out of their own history books: running their own doctors' offices and clinics. Though the strategy previously had mixed results, insurers think that by providing primary care for patients, they might reduce costly diseases and hospital stays in the long run.
Dr. Michael Byrne spent eight years working for a Brooklyn hospital and he saw firsthand why the United States spends more on healthcare than any other country in the world.