Originally published on Tue January 1, 2013 9:39 am
A compromise deal to stop broad spending cuts and tax increases is headed to the House of Representatives, after receiving strong support in the Senate. Rep. Tom Cole, R-Okla., talks with Steve Inskeep about a possible House vote on the "fiscal cliff" deal.
Cole, the House deputy majority whip who also serves on the Appropriations Committee, says he expects the House to approve the Senate bill, calling it "a pretty big win."
Originally published on Wed January 2, 2013 1:23 am
The House of Representatives voted 257-167 late Tuesday to pass a Senate-approved compromise deal that stops large tax increases for 99 percent of Americans, and delays massive spending cuts for two months.
The bill now goes to President Obama, who is expected to sign it into law.
NPR's S.V. Date is reporting on the deal for our Newscast unit. Here's what he says:
"The eventual deal was hammered out by Senate Republican Leader Mitch McConnell and Vice President Joe Biden. It passed the Senate with overwhelming, bipartisan support.
This New Year could mean a new cost for the craft store chain Hobby Lobby. The federal health care law requires employee insurance plans to cover emergency contraceptives. Hobby Lobby's owners did not want to do that. They say drugs commonly known by names like the morning-after pill are tantamount to abortion.
Now, the Supreme Court has turned aside Hobby Lobby's request to block the mandate. So, starting today, the company could be fined as much as $1.3 million per day for defying the law.
Michigan's Lake Superior State University issued its annual list of annoying expressions to banish. The list includes: trending, bucket list, kick the can down the road and spoiler alert. The top one to ban: fiscal cliff.