Foreign investors major force behind deal

Take a guess. Which of these put more pressure on US lawmakers to strike a deal and avoid the “fiscal cliff” – voters or global financial markets?If you picked markets, you may be right.On the day after the last-minute agreement, an uptick in global stock prices seemed far more welcome in Washington than the reaction of voters. The reason is that foreign creditors to the US Treasury had been near...

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House faces test on fiscal cliff deal

Vice President Joe Biden gives two thumbs up following a Senate Democratic caucus meeting about the fiscal cliff …Updated 4:25 pm ETA hard-fought bipartisan compromise passed in the Senate early Tuesday to spare all but the richest Americans from painful income-tax hikes teetered on the edge of collapse as angry House Republicans denounced its lack of spending cuts.While House Speaker John Boehner...

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Congress to miss midnight cliff deadline

America is going over the “fiscal cliff” – for a few minutes, or hours, at the very least. Don't panic. There's no need to move the family into the Doomsday bunker in the backyard. Yet.While President Barack Obama and Republican Senate Minority Leader Mitch McConnell have said they are close to a broad agreement that would prevent across-the-board income-tax hikes, lawmakers are unlikely to approve...

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GOP Senate leader urges Biden to break ‘fiscal cliff’ impasse

Senate Minority Leader Mitch McConnell (R-KY) is shown in this C-Span video footage as he addresses the Senate …Republican Senate Minority Leader Mitch McConnell urged Vice President Joe Biden on Sunday to jump into “fiscal cliff” talks in hopes of breaking an impasse that threatens Americans with sharply higher income taxes come January 1.In a brief speech on the Senate floor, McConnell complained...

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Senate leaders aim to craft fiscal bill by Sunday

WASHINGTON (Reuters) - U.S. Senate leaders are working to craft legislation by Sunday that averts the year-end "fiscal cliff" of tax hikes and spending cuts, but many details needed to be worked out after a crucial meeting with President Barack Obama on Friday. U.S. Senate Democratic leader Harry Reid and his Republican counterpart Mitch McConnell, termed the meeting "constructive" and...

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House back Sunday night, will have 29.5 hours to strike deal on fiscal cliff

President Barack Obama salutes as he returns via Marine One from a Christmas visit with his family in Hawaii, to …Will parachutes be provided? Republican House leaders informed their rank-and-file on a conference call Thursday that they have to be back at work at 6:30 p.m. Sunday – giving them, oh, 29.5 hours to forestall the “fiscal cliff.”Absent a last-minute compromise, Americans will see...

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George H.W. Bush in intensive care

HOUSTON (AP) — A spokesman says former President George H.W. Bush is in the intensive care unit at a Houston hospital.Bush's spokesman, Jim McGrath, said late Wednesday that the former president was admitted to the ICU on Sunday at Methodist Hospital, "following a series of setbacks including a persistent fever."McGrath says Bush is alert and conversing with medical staff, and that doctors are cautiously...

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Newtown celebrates Christmas amid signs of mourning

NEWTOWN, Conn. - Newtown celebrated Christmas amid piles of snow-covered teddy bears and heaps of flowers as volunteers manned a 24-hour candlelight vigil in memory of the 20 children and six adults shot to death in the second-largest school shooting in U.S. history.Well-wishers from around the country showed up Tuesday morning to hang ornaments on memorial Christmas trees, while police officers from...

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Firefighters ambushed by gunman while responding to house fire

Click image to see more photos. (REUTERS/Jamie Germano/Democrat and Chronicle/Handout)A man with a criminal history shot and killed two West Webster, N.Y. firefighters and seriously injured two others as they responded to a fire at his home, police say.William H. Spengler, Jr., 62, apparently started a 5:35 a.m. fire at his home on Lake Road  and then waited with an armament of weapons for first...

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NRA’s LaPierre: New gun laws won't work

LaPierre speaks at Friday's press conference. (Getty)Two days after suggesting a "good guy with a gun" be stationed at every school in the country in response to the deadly shootings in Newtown, Conn., National Rifle Association executive vice president Wayne LaPierre blasted critics of his plan.In an interview broadcast on Sunday's "Meet The Press," LaPierre reiterated the statements he made Friday...

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Final day of funerals for Newtown shooting victims

The final three victims of the massacre at Sandy Hook Elementary School will be laid to rest today, ending a somber week of funerals.A mass will take place today at St. Rose of Lima Catholic Church for Josephine Gay, who had celebrated her 7th birthday on Dec. 11.Friends and family have been asked to wear Josephine's favorite color, purple, in her honor. ...

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Meet the man spearheading the effort to get armed guards in schools

WASHINGTON (Reuters) - In 2006, a political ad swept through the state of Arkansas, touting Asa Hutchinson's values as "shaped in rural Arkansas, a half-mile down a dirt road." In his unsuccessful bid for governor, the former federal prosecutor and U.S. congressman touted his conservative political views and garnered a strong endorsement from the National Rifle Association, a powerful U.S. gun...

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Snowstorm triggers deadly Iowa pileup

DES MOINES, Iowa (AP) — The first widespread snowstorm of the season crawled across the Midwest on Thursday, with whiteout conditions stranding holiday travelers and sending drivers sliding over slick roads — including into a fatal 25-vehicle pileup in Iowa.The storm, which dumped a foot of snow in parts of Iowa and Wisconsin, was part of a system that began in the Rockies earlier in the week before...

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Scam artists creep in as families grieve

NEWTOWN, Conn. (AP) — The family of Noah Pozner was mourning the 6-year-old, killed in the Newtown school massacre, when outrage compounded their sorrow.Someone they didn't know was soliciting donations in Noah's memory, claiming that they'd send any cards, packages and money collected to his parents and siblings. An official-looking website had been set up, with Noah's name as the address, even including...

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NRA breaks silence on 'horrific' massacre

Tasha Devoe, left, of Lawrence, Mass., joins a march to NRA headquarters in Washington on Dec. 17, 2012. (Manuel …The National Rifle Association on Tuesday broke its silence on last Friday's mass shooting at Sandy Hook Elementary School in Newtown, Conn., denouncing the "horrific and senseless murders" and vowing to "help make sure this never happens again."Facing a fierce push for new restrictions...

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Neighbor took six survivors into his home

NEWTOWN, Conn. (AP) — Gene Rosen had just finished feeding his cats and was heading from his home near Sandy Hook Elementary school to a diner Friday morning when he saw six small children sitting in a neat semicircle at the end of his driveway.A school bus driver was standing over them, telling them things would be all right. It was about 9:30 a.m., and the children, he discovered, had just run from...

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Newtown residents seek solace in church and prepare to bury their dead

A couple leaves a morning service at Trinity Church not far from the Sandy Hook School on Sunday. (Getty)NEWTOWN, Conn. -- Residents of this shell shocked community attended church services and prepared to bury their dead two days after a gunman mowed down more than two dozen people in one of the worst mass shootings in U.S. history.President Barack Obama left the White House mid-afternoon Sunday...

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Police hope motive emerges from evidence in shooter's home

Conn. State police spokesman Lt. Paul Vance at Saturday morning's news conference. (Jason Sickles/Yahoo News)NEWTOWN, CT - The Sandy Hook school principal and another staffer were killed after lunging at a gunman who forced his way inside to begin a deadly shooting spree, the regional school superintendent said Saturday.The principal, Dawn Hochsprung, 47, and school psychologist Mary Sherlach, 56,...

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20 children, 6 adults killed at Conn. school shooting

Twenty children died today when a heavily armed man invaded a Newtown, Conn., elementary school and sprayed staff and students with bullets.The gunman, identified as Adam Lanza, 20, was found dead in the school.Lt. Paul Vance said 18 children died in the school and two more died later in a hospital. Six adults were also slain, bringing the total to 26.In addition to the casualties at the school, Lanza's...

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Rice drops out of race for top State post

Susan Rice (Stephen Lam/Reuters)Susan Rice, the embattled U.S. ambassador to the U.N., withdrew her name on Thursday from consideration to be secretary of state in the face of angry Republican opposition."If nominated, I am now convinced that the confirmation process would be lengthy, disruptive and costly—to you and to our most pressing national and international priorities," Rice wrote in a letter...

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