Jan 3, 2013 12:53am Charles Dharapak/AP PhotoHONOLULU, Hawaii — President Obama has signed the “fiscal cliff” legislation into law via autopen from Hawaii, where he is vacationing with his family.The bill to avert the “fiscal cliff” arrived at the White House late this afternoon and it was immediately processed, according to a senior White House official. A copy was...
Showing posts with label Business. Show all posts
Showing posts with label Business. Show all posts
Jan
02
Obama Hails 'Cliff' Deal, Warns of Next Fiscal Fight
Label: Business Minutes after the House of Representatives approved a bipartisan Senate deal to avert the "fiscal cliff" and preserve Bush-era tax cuts for all Americans making less than $400,000 per year, President Obama praised party leaders and wasted little time turning to the next fiscal fight."This is one step in the broader effort to strengthen our economy for everybody," Obama said.Obama...
Jan
01
Senate Approves 'Fiscal Cliff' Deal, Sends to House
Label: Business Two hours after a midnight deadline for action, the Senate passed legislation early New Year's Day to avert the so-called "fiscal cliff" with an overwhelming vote of 89-8.Senate passage set the stage for a final showdown in the House, where a vote could come as early as today."While neither Democrats nor Republicans got everything they wanted, this agreement is the right thing...
Dec
31
Hillary Clinton Hospitalized With Blood Clot
Label: Business (MICHAL CIZEK/AFP/Getty Images)By DANA HUGHES and DEAN SCHABNERSecretary Hillary Clinton was hospitalized today after a doctors doing a follow-up exam discovered a blood clot had formed, stemming from the concussion she sustained several weeks ago.She is being treated with anti-coagulants and is at NewYork-Presbyterian Hospital so that they can monitor the medication over the next 48 hours, Deputy...
Dec
30
Woman Charged With Murder in NYC Subway Push
Label: Business A woman who allegedly told New York City police she pushed a man onto the subway tracks because she hated Hindus and Muslims has been charged with murder as a hate crime.Erica Menendez, 31, allegedly told police that she "pushed a Muslim off the train tracks because I hate Hindus and Muslims ever since 2001 when they put down the twin towers I've been beating them up."Menendez...
Dec
28
White House Says It Has No New Fiscal Cliff Plan
Label: Business The White House said today it has no plans to offer new proposals to avoid the fiscal cliff which looms over the country's economy just five days from now, but will meet Friday with Congressional leaders in a last ditch effort to forge a deal.Republicans and Democrats made no conciliatory gestures in public today, despite the urgency.The White House said President Obama would...
Dec
27
Okla. Senator Could Prevent Gun Control Changes
Label: Business If there's one person most likely to keep new gun-control measures from passing Congress swiftly, it's Sen. Tom Coburn.Conservatives revere the Oklahoma Republican for his fiscal hawkishness and regular reports on government waste. But he's also a staunch gun-rights advocate, and he's shown a willingness to obstruct even popular legislation, something in the Senate that a single...
Dec
26
Winter Storms Spawn Tornadoes Across South
Label: Business A nasty Christmastime storm system spawned blizzard conditions in some states and at least 15 reported tornadoes in the South, damaging homes, taking out power lines and dangerously snarling holiday travel.Severe weather swept across the United States during the Christmas holiday, bringing tornadoes and intense thunderstorms to the Gulf Coast, while dumping heavy snow and freezing...
Dec
25
Newtown Christmas: 'We Know They'll Feel Loved'
Label: Business As residents prepared to observe Christmas less than two weeks after a gunman killed 20 children and six educators at an elementary school, people sharing in the town's mourning brought offerings of cards, handmade snowflakes and sympathy.Tiny empty Christmas stockings with the victims' names on them hung from trees in the neighborhood where the children were shot. On Christmas...
Dec
24
Get 'em While You Can? Gun Sales Soar
Label: Business The National Rifle Association may still get its way and defeat the lawmakers calling for a ban on the sale of assault ridles, but some gun store owners say it seems their customers aren't taking any chances."We have never seen anything like this," said Larry Hyatt, who owns a gun shop in Charlotte, N.C. "We have the Christmas business, the hunting season business, and now we...
Dec
23
Obama, Congress Waving Bye-Bye Lower Taxes?
Label: Business The first family arrived in the president's idyllic home state of Hawaii early today to celebrate the holidays, but President Obama, who along with Michelle will pay tribute Sunday to the late Sen. Daniel Inouye at the National Memorial Cemetery of the Pacific, could be returning home to Washington sooner than he expected.That's because the President didn't get his Christmas...
Dec
22
Obama Still an 'Optimist' on Cliff Deal
Label: Business Mandel Ngan/AFP/Getty ImagesWASHINGTON D.C. – Ten days remain before the mandatory spending cuts and tax increases known as the “fiscal cliff” take effect, but President Obama said he is still a “hopeless optimist” that a federal budget deal can be reached before the year-end deadline that economists agree might plunge the country back into recession.“Even though Democrats and Republicans are...
Dec
21
Fiscal Cliff 'Plan B' Is Dead: Now What?
Label: Business Dec 20, 2012 11:00pm The defeat of his Plan B — Republicans pulled it when it became clear it would be voted down — is a big defeat for Speaker of the House John Boehner. It demonstrates definitively that there is no fiscal cliff deal that can pass the House on Republican votes alone.Boehner could not even muster the votes to pass something that would only allow...
Dec
20
Obama Invokes Newtown on 'Cliff' Deal
Label: Business Invoking the somber aftermath of the school massacre in Newtown, Conn., President Obama today appealed to congressional Republicans to embrace a standing "fair deal" on taxes and spending that would avert the fiscal cliff in 13 days."If there's one thing we should have after this week, it should be a sense of perspective about what's important," Obama said at a midday news conference."I...
Dec
19
Newtown Settles In for Prayerful, Somber Christmas
Label: Business Residents of Sandy Hook, Conn., gather every year under an enormous tree in the middle of town to sing carols and light the tree. The tree is lit this year, too, but the scene beneath it is starkly different.The tree looms over hundreds of teddy bears and toys, but they are for children who will never receive them. The ornaments are adorned with names and jarringly recent birth...
Dec
18
Conn. Kids Laid to Rest: 'Our Hearts Are With You'
Label: Business Visibly shaken attendees exiting the funeral today for 6-year-old Noah Pozner, one of 20 children killed in the Connecticut school massacre last week, said they were touched by a story that summed up the first-grader best.His mother, Veronique, would often tell him how much she loved him and he'd respond: "Not as much as I [love] you," said a New York man who attended the funeral...
Dec
17
Obama: Nation Faces 'Hard Questions' After Shooting
Label: Business President Barack Obama said at an interfaith prayer service in this mourning community this evening that the country is "left with some hard questions" if it is to curb a rising trend in gun violence, such as the shooting spree Friday at Newtown's Sandy Hook Elementary School.After consoling victims' families in classrooms at Newtown High School, the president said he would...
Dec
16
Conn. Victim's Father Remembers 'Loving' Daughter
Label: Business (Image credit: Emilie Parker Fund/Facebook)Emilie Parker, the little girl with the blond hair and bright blue eyes, would have been one of the first to comfort her classmates at Sandy Hook Elementary School, had a gunman’s bullets not claimed her life, her father said.“My daughter Emilie would be one of the first ones to be standing and giving support to all the victims because that’s the kind...
Dec
15
Conn. Shooter Adam Lanza: 'Obviously Not Well'
Label: Business Adam Lanza of Newtown, Connecticut was a child of the suburbs and a child of divorce who at age 20 still lived with his mother.This morning he appears to have started his day by shooting his mother Nancy in the face, and then drove her car to nearby Sandy Hook Elementary School, armed with two handguns and a semi-automatic rifle.There, before turning his gun on himself, he shot...
Dec
14
What Is a Right-to-Work Law?
Label: Business This week Michigan became the 24th state in the country to adopt a right-to-work law. The passage of the bill by the state legislature, and eventual signing by Rick Snyder, the state's Republican governor, brought a huge wave of protests in a state with deep union roots.Right-to-work laws have garnered a lot of national attention in recent years as more states have implemented...
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