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Obama Strikes Fiscal Cliff Deal With McConnell; Congress Won't Vote Today
An agreement has been reached between the White House and Senate Republican leader Mitch McConnell (R-Ky.) to avoid the tax side of the "fiscal cliff," President Barack Obama announced Wednesday. He urged members of Congress to back the plan. Congress will not have time to vote on the plan tonight, before the fiscal cliff deadline, but votes could come later this week.
Senate Democrats Offer Concessions at 11th Hour, But Republicans Still Wavering
An agreement appears to be coming together to avert the "fiscal cliff." While it would put off entitlement reform, it would give Republicans much of what they want on taxes. Republicans could still reject the plan even as liberals complain that Democrats are giving away too much.
With One Day Left, No Fiscal Cliff Deal, Talks Continue
With the Monday at midnight deadline for the "fiscal cliff" fast approaching, political leaders still had not reached a compromise by Sunday night to avoid the recession that economists say will likely come with the combined tax increases and government spending cuts. With the House and Senate both in session on Sunday, members of Congress disagreed on whether there would be an agreement.
Obama Blames Republicans, Journalists Blame Obama, on 'Meet the Press'
The day before the 'fiscal cliff' deadline and as Congress continues to work on an agreement, President Barack Obama appeared on NBC's "Meet the Press" to blame Congressional Republicans for not reaching a deal. In a panel discussion after the interview, journalists criticized Obama for not doing more to build trust with Republicans and not displaying more leadership on entitlement reform.
Russia to Ban Adoptions to US
Orphans in Russia will no longer be able to find parents willing to adopt them in the United States once a new law that President Vladimir Putin says he will sign goes into effect.
Top 10 US Politics Moments of 2012
With the presidential and congressional elections, battles over the federal budget, debates over immigration and same-sex marriage, and one of the most watched Supreme Court cases in a generation, 2012 was an eventful year for U.S. politics. Here is The Christian Post's list of the top 10 moments in U.S. politics for 2012.
US Treasury to Hit Debt Limit Monday
The U.S. government will go over its debt limit on Monday, Treasury Secretary Timothy Geithner announced Wednesday. "Extraordinary measures" will be used to keep the nation from defaulting on promised payments for about two months.
Philly Mayor: Armed Security in Schools Is 'Dumba** Idea'
Philadelphia Mayor Michael Nutter called the National Rifle Association's idea to put armed police or security personnel in every public school a "dumba** idea."
Fiscal Cliff Plan C: Kick the Can Down the Road
Lawmakers have given up on a "grand bargain" to avoid the "fiscal cliff" and fix the nation's long-term debt woes. Instead, the Senate is now working on a plan that would delay the spending cuts and tax increases that will ultimately be necessary to prevent the long-term debt crisis that experts say will be much more damaging than the fiscal cliff.
NRA Chief: If Armed Security in Schools Is Crazy, Call Me Crazy
In his first interview since the shooting at Sandy Hook Elementary School in Newtown, Conn., Wayne LaPierre, CEO of the National Rifle Association, defended his call to put more armed security in schools.