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| Senate approves bill to avert "fiscal cliff" Monday, Dec 31, 2012 10:57 PM PST WASHINGTON (Reuters) - The U.S. Senate on Tuesday, two hours after a December 31 deadline had lapsed, approved legislation aimed at averting the "fiscal cliff" by stopping most tax hikes and across-the-board spending cuts that were due to begin with the new year. The House of Representatives still must approve the measure, possibly on Tuesday. (Reporting by Richard Cowan and David Lawder; Editing by Eric Walsh) Full Story | Top |
| Senate vote likely on U.S. "fiscal cliff" deal Monday, Dec 31, 2012 09:01 PM PST  WASHINGTON (Reuters) - The White House and Senate leaders struck a bipartisan deal on Monday to try to avoid a "fiscal cliff" budget crisis, although the agreement was likely to face stiff challenges in the House of Representatives. Senators were due to vote on the accord overnight and independent Senator Joe Lieberman said it had strong support from the Democrats who control the chamber. The agreement came too late for Congress to meet its own deadline of New Year's Eve to pass laws halting $600 billion in tax hikes and spending cuts due to come into force on January 1. ... Full Story | Top |
| House will consider Senate's fiscal cliff bill: Boehner Monday, Dec 31, 2012 08:23 PM PST WASHINGTON (Reuters) - The U.S. House of Representatives will consider legislation to avert the "fiscal cliff" if the Senate passes such a measure, House Speaker John Boehner said on Monday. "The House will honor its commitment to consider the Senate agreement if it is passed. Decisions about whether the House will seek to accept or promptly amend the measure will not be made until House members ... have been able to review the legislation," Boehner and other House Republican leaders said in a statement. A House vote could come as early as Tuesday. ... Full Story | Top |
| Democratic senators see support for "fiscal cliff" deal Monday, Dec 31, 2012 08:04 PM PST WASHINGTON (Reuters) - Democratic senators emerged from a meeting with Vice President Joe Biden late on Monday saying there was strong support for quickly passing legislation aimed at averting the fiscal cliff. Senator Joseph Lieberman, an independent from Connecticut, and Senator Charles Schumer, of New York, who is a member of the Senate Democratic leadership, both said the Senate would aim to pass the newly struck deal by a midnight (0500 GMT Tuesday) deadline. If it passes the Senate, the House of Representatives would still have to approve it. A vote in that chamber could come on Tuesday. ... Full Story | Top |
| Venezuela's Chavez in stable condition, says son-in-law Monday, Dec 31, 2012 06:34 PM PST  CARACAS (Reuters) - Venezuelan President Hugo Chavez is in stable condition and spent Monday with his daughters, the cancer-stricken leader's son in law said in an appeal for supporters to ignore rumors about his condition. Chavez has not been seen in public nor heard from in more than three weeks. The vice president said on Sunday that the 58-year-old was suffering a third set of complications after surgery in Cuba on December 11, his fourth operation in 18 months. ... Full Story | Top |
| Sour end to 2012 masks positive trends in America Monday, Dec 31, 2012 05:53 PM PST  CHICAGO (Reuters) - Many Americans seem to be in a sour mood as 2013 begins, after Hurricane Sandy ravaged parts of the East Coast, a gunman massacred 20 school children in Connecticut and a long, contentious election campaign was followed by failure to resolve the "fiscal cliff" issue by year-end. Americans have not been very optimistic since the Great Recession of 2008-2009, but the gloom had begun to lift this year until the blast of bad news as 2012 ended, IPSOS pollster Cliff Young said on Monday. IPSOS polling showed that some angst set in as the year ended. ... Full Story | Top |
| Clinton suffers clot behind right ear, full recovery seen Monday, Dec 31, 2012 05:39 PM PST  WASHINGTON/NEW YORK (Reuters) - U.S. Secretary of State Hillary Clinton suffered a blood clot in a vein between her brain and skull behind her right ear but is expected to make a full recovery, her doctors said on Monday in a statement released by the State Department. Clinton did not suffer a stroke or neurological damage as a result of the clot, the doctors said, adding that "she is in good spirits, engaging with her doctors, her family and her staff." The U.S. ... Full Story | Top |
| "Fiscal cliff" tumble looms despite Senate efforts Monday, Dec 31, 2012 03:36 PM PST  WASHINGTON (Reuters) - The United States was on track to tumble over the "fiscal cliff" at midnight on Monday, at least for a day, as lawmakers held back from supporting an eleventh-hour plan from Senate leaders to avert severe tax increases and spending cuts. The U.S. House of Representatives looked unlikely to vote on a Senate "fiscal cliff" plan before midnight, possibly pushing a legislative decision into New Year's Day, when financial markets will be closed. The plan was heavy on tax increases and light on spending cuts, which was unlikely to appeal to Republicans in the House. ... Full Story | Top |
| Senate eyeing two-month delay of automatic spending cuts: McCain Monday, Dec 31, 2012 03:19 PM PST WASHINGTON (Reuters) - A possible deal between Senate Republican leader Mitch McConnell and Vice President Joe Biden to avert the "fiscal cliff" would include a two-month delay in automatic federal spending cuts that were due to begin this week, Republican Senator John McCain said on Monday. McCain said the deal would include $24 billion in other spending cuts to cover the cost of the delay, and would also include a one-year extension of unemployment benefits. ... Full Story | Top |
| House expects to reconvene at noon Tuesday - Representative LaTourette Monday, Dec 31, 2012 02:58 PM PST WASHINGTON (Reuters) - The U.S. House of Representatives expects to reconvene on Tuesday at noon, Representative Steven LaTourette said, after negotiations to avert the "fiscal cliff" developed slowly on Monday. LaTourette, a Republican, also said that House members have been told to stay close on Monday evening and that they may be called back to continue negotiations. (Reporting by Rachelle Younglai; Editing by Will Dunham) Full Story | Top |
| Combative Obama knocks Republicans, says fiscal deal in sight Monday, Dec 31, 2012 02:47 PM PST WASHINGTON (Reuters) - President Barack Obama, in remarks that needled Republicans and resembled a victory lap, said on Monday an agreement with Congress to avoid a "fiscal cliff" of tax increases and spending cuts was in sight. The Democratic president appeared at a White House event in the early afternoon with cheering supporters to press for lawmakers to complete a deal that would extend tax cuts for the middle class, raise rates for high earners and extend unemployment insurance for people seeking work. ... Full Story | Top |
| Skeptical Senate Democrats seek meeting with Biden on "fiscal cliff" deal: aide Monday, Dec 31, 2012 02:18 PM PST WASHINGTON (Reuters) - Skeptical U.S. Senate Democrats requested a meeting on Monday with Vice President Joe Biden about the tentative deal on the "fiscal cliff" that he is forging with Senate Republican leader Mitch McConnell, a Democratic Senate aide said. With the deal apparently short of needed support, Democrats are hopeful that Biden will meet with them, but have not yet received a commitment, the aide said. Some Democrats complain that Biden went too far to find common ground with McConnell. ... Full Story | Top |
| Texas health program can exclude Planned Parenthood: judge Monday, Dec 31, 2012 02:06 PM PST SAN ANTONIO, Texas (Reuters) - Texas won a court victory on Monday in its effort to stop state funds under a health program for low-income women from going to clinics affiliated with Planned Parenthood, a group that provides abortions at some of its facilities. A Texas judge allowed the state to go ahead with a revamped program for poor women, the Women's Health Program, that does not include Planned Parenthood. Planned Parenthood said it does not provide abortions at clinics that participate in the state women's health program. ... Full Story | Top |
| Naloxone reverses overdoses without hefty price tag Monday, Dec 31, 2012 02:03 PM PST NEW YORK (Reuters Health) - Distributing a drug that reverses drug overdoses in heroin users would save lives and be cost-effective, according to a new analysis. U.S. researchers, who published their findings in the Annals of Internal Medicine on Monday, calculated that one death may be prevented for every 164 naloxone injection kits they distribute to heroin users. That, the researchers say, works out to be a few hundred dollars for every year of healthy life gained. ... Full Story | Top |
| Are recession babies prone to be delinquent teens? Monday, Dec 31, 2012 01:10 PM PST NEW YORK (Reuters Health) - A new analysis of data on U.S. teens born during the early 1980s ties slightly higher rates of adolescent smoking, drinking, arrests and thefts to macroeconomic conditions during the first year of life. What was "striking for us was it basically went across all socioeconomic strata," said Dr. Seethalakshmi Ramanathan, the lead author of the study. "From a national level, it seems like everyone is affected." Ramanathan's study focused on babies born around the time of the recessions of 1980-1981 and 1982, when unemployment rates around the nation ranged from 6. ... Full Story | Top |
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