Stories for December 31, 2012
Leaders from both parties in the Senate came together to reach an agreement that passed with overwhelming bipartisan support today that protects 98 percent of Americans and 97 percent of small business owners from a middle class tax hike. While neither Democrats nor Republicans got everything they wanted, this agreement is the right thing to do for our country and the House should pass it without delay.
It's unlikely 2013 will be the year that jetpacks make it big, but the coming year could bring us a host of other new technology trends and products, such as 3-D printers for consumers, smarter smartphones and more connected devices like glasses and cars.
President Obama "will deliver remarks about the fiscal cliff" at 1:30 p.m. ET, the White House says. We will update this post as he speaks. It isn't known whether he has an announcement to make or will use the event to press Congressional leaders to reach an agreement.
Oh, if only someone could enforce this "edict."
It's a little bit early, but the Tea Party is hitting its sophomore slump.
Well, here we are. It's New Year's Eve and with just hours to go before the end of the year and the arrival of the so-called fiscal cliff, Democrats and Republicans in Washington are still trying to strike a deal that heads off automatic increases in taxes, automatic deep spending cuts in a variety of programs and the automatic expiration of some jobless benefits.
The U.S. economy grew at a steady though not very strong pace this year. But Europe slipped back into recession because of the ongoing debt crisis. European leaders took steps to stimulate growth but it wasn't enough to reverse course.