Tax Deal Done - but How Can Obama Sign It?

Jan 2, 2013 6:29pm AP Photo/Charles DharapakCongress officially delivered the bill to avert the fiscal cliff to the White House this afternoon, House Speaker John Boehner’s office told ABC News.Now the question is when will the President sign it?The bill, passed late on New Year’s Day, expires tomorrow at 11:59 a.m. when the current session of Congress concludes....

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House Plans Up-or-Down Vote on 'Cliff' Deal

House Republicans have agreed to have an up-or-down vote on the bipartisan Senate deal to avert the "fiscal cliff," rather than trying to amend the Senate bill with more spending cuts before voting, according to a senior GOP leadership aide.The vote will likely come tonight despite top House Republicans' earlier opposition to the deal, which the Senate passed in the wee hours...

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Fiscal Cliff Deal Reached; Biden Pitches It to Dems

The so-called "fiscal cliff" will come at midnight with no congressional fix in place -- but now there is a specific deal on the table to try to soften it after the fact, according to congressional sources."It is a compromise, so we don't love it," said a senior White House official. "But it is the right thing to do for the economy."Vice President Joe Biden must still convince...

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Hillary Clinton Hospitalized With Blood Clot

Dec 30, 2012 8:11pm (MICHAL CIZEK/AFP/Getty Images)Secretary 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...

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Epic Journey: Did Moses' Exodus Really Happen?

In the Bible, he is called Moses. In the Koran, he is the prophet Musa.Religious scholars have long questioned whether of the story of a prophet leading God's chosen people in a great exodus out of Egypt and the freedom it brought them afterwards was real, but the similarities between a pharaoh's ancient hymn and a psalm of David might hold the link to his existence.Tune in...

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Gen. 'Stormin' Norman Schwarzkopf Dead at 78

H. Norman Schwarzkopf, the retired general credited with leading U.S.-allied forces to a victory in the first Gulf War, has died at age 78, a U.S. official confirmed to ABC News.He died today in Tampa, Fla., where he lived in retirement, a U.S. official told the Associated Press.Schwarzkopf, called "Stormin' Norman" because of his reportedly explosive temper, actually led Republican...

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Toyota Agrees to $1B Settlement in Acceleration Case

Toyota has agreed to pay more than $1 billion to customers to settle a class action lawsuit that alleged its vehicles accelerated dangerously and without warning, according to statements by the carmaker and the plaintiffs' attorney.The deal, which still needs approval by a federal judge in California, includes a $250 million fund to be paid to Toyota owners who sold their cars at...

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Christmas Tornadoes Tear Across South

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...

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Newtown Christmas: 'We Know They'll Feel Loved'

People drawn to Newtown to share in its mourning brought cards and handmade snowflakes to town Monday while residents prepared to observe Christmas less than two weeks after a gunman killed 20 children and six educators at an elementary school.On Christmas Eve, residents said they would light luminaries outside their homes in memory of the victims. Tiny empty Christmas stockings...

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Get 'em While You Can? Gun Sales Soar

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...

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Obama, Congress Waving Bye-Bye Lower Taxes?

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...

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Obama Still an 'Optimist' on Cliff Deal

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...

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Boehner Pulls Plan B Option

In a surprise development late Thursday night, House Speaker John Boehner pulled his so-called "Plan B option" -- an extension of current tax rates for Americans making up to $1 million a year -- from the House floor, admitting that it did not have the support necessary to pass and leaving a resolution to the fiscal cliff in question."The House did not take up the tax measure...

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Obama Invokes Newtown on 'Cliff' Deal

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...

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Newtown Shooting: Bushmaster Under Fire

When the private investment firm Cerberus Capital Management announced Tuesday it would unload its interest in Bushmaster – the company that built the weapon used in last week's mass murder of 20 Connecticut first graders -- it marked the beginning of what experts say is likely to be a challenging period for the North Carolina-based weapons manufacturer."They are looking at...

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Newtown Boy Remembered as 'Old Soul'

Dec 17, 2012 6:02pm Family of Daniel Barden, who died in the Connecticut school shootings. From left, his brother James, 12, and his parents, Mark and Jackie. (Image Credit: ABC)Though he was only in first grade, Daniel Barden was very much an “old soul,” his family said today.  He was one of the 20 children who died Friday at Sandy Hook Elementary School in...

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Obama Offers Newtown 'Love and Prayers of a Nation'

President Obama told the grieving community of Newtown, Conn., that the nation has wept with them for the loss of 20 children and six teachers and school staff members killed in a senseless massacre.Grim-faced, Obama took the stage at Newtown High School auditorium to speak at a memorial service for the first graders, teachers, principal and other school staff members killed...

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Conn. Victim's Father Remembers 'Loving' Daughter

(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...

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Conn. Shooter Adam Lanza: 'Obviously Not Well'

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 driving to nearby Sandy Hook Elementary School armed with at least two handguns and at least one semi-automatic rifle.There, before turning his gun on himself,...

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Health-Exchange Deadline Looms

All of the Affordable Care Act, also known as "Obamacare," doesn't go into effect until 2014, but states are required to set up their own health care exchanges or leave it to the federal government to step in by next year. The deadline for the governors' decisions is Friday.The health insurance exchanges are one of the key stipulations of the new health care law. They will offer...

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