Fiscal Cliff

7:45am

Tue January 1, 2013
Politics

'Fiscal Cliff' Measure Heads To The House

Originally published on Tue January 1, 2013 10:39 am

A compromise deal to stop broad spending cuts and tax increases is headed to the House of Representatives, after receiving strong support in the Senate. Rep. Tom Cole, R-Okla., talks with Steve Inskeep about a possible House vote on the "fiscal cliff" deal.

Cole, the House deputy majority whip who also serves on the Appropriations Committee, says he expects the House to approve the Senate bill, calling it "a pretty big win."

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7:12am

Tue January 1, 2013
The Two-Way

House Votes To Approve 'Fiscal Cliff' Legislation

Originally published on Wed January 2, 2013 2:23 am

President Barack Obama and Vice President Joe Biden make a statement regarding the passage of the fiscal cliff bill in the Brady Press Briefing Room at the White House late Tuesday evening.
Charles Dharapak AP

The House of Representatives voted 257-167 late Tuesday to pass a Senate-approved compromise deal that stops large tax increases for 99 percent of Americans, and delays massive spending cuts for two months.

The bill now goes to President Obama, who is expected to sign it into law.

NPR's S.V. Date is reporting on the deal for our Newscast unit. Here's what he says:

"The eventual deal was hammered out by Senate Republican Leader Mitch McConnell and Vice President Joe Biden. It passed the Senate with overwhelming, bipartisan support.

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4:41am

Tue January 1, 2013
Around the Nation

School Wants 'Bucket List' To Kick The Bucket

Originally published on Tue January 1, 2013 7:44 am

Michigan's Lake Superior State University issued its annual list of annoying expressions to banish. The list includes: trending, bucket list, kick the can down the road and spoiler alert. The top one to ban: fiscal cliff.

2:55am

Tue January 1, 2013
NPR Story

What Does Senate Budget Deal Mean For You?

Originally published on Tue January 1, 2013 7:44 am

Transcript

DAVID GREENE, HOST:

It's MORNING EDITION from NPR News. Good morning, I'm David Greene.

STEVE INSKEEP, HOST:

And I'm Steve Inskeep. Happy New Year.

Let's start with the upside. Congress has yet to rattle the financial markets so far in 2013.

GREENE: Of course, the markets are closed on this New Year's Day, as the House considers a deal on taxes and spending. The Senate has already approved that plan by a huge majority.

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2:12pm

Mon December 31, 2012
Politics

What Stalled Congress On The Fiscal Cliff?

Originally published on Mon December 31, 2012 5:55 pm

Transcript

ROBERT SIEGEL, HOST:

The simplest explanation to what's going on in Washington is that neither the Democrats nor the Republicans command majorities in both Houses and control of the White House and you can throw in political realignment as an explanation. Liberal Republicans and conservative Democrats have been diminished to the point of near extinction. But even so, Democrats and Republicans in Congress in years past somehow managed to make deals and legislate despite profound differences.

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