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It's All Politics
2:52 pm
Wed December 5, 2012

Obama And House GOP Engage In Fiscal Cliff Talks, Only Briefly With Each Other

President Obama is introduced to the Business Roundtable by Boeing CEO Jim McNerney in Washington on Wednesday.
Charles Dharapak AP

Originally published on Wed December 5, 2012 3:30 pm

The president and House Republicans continued to snipe at each other Wednesday over the impending set of automatic tax hikes and spending cuts known as the fiscal cliff. They traded accusations and blame during another day with plenty of talk, but — until late in the day, at least — no negotiations.

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It's All Politics
2:52 pm
Wed December 5, 2012

Looming Spending Cuts Would Hit Hard All Over

Alan Krueger, chairman of the president's Council of Economic Advisers, warns that consumer spending will drop if Congress and the White House fail to reach a deal on spending cuts and tax increases.
Jewel Samad AFP/Getty Images

Originally published on Wed December 5, 2012 3:09 pm

Tax increases are only a part of what lies ahead if Congress can't come to an agreement to avert the fiscal cliff by the new year. Massive spending cuts will also kick in — and those cuts will be felt throughout the economy.

The current stalemate got under way two years ago when Congress, locked in a bitter partisan battle over whether to extend the George W. Bush-era tax cuts, passed what was known as the Budget Control Act of 2011.

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The Two-Way
1:52 pm
Wed December 5, 2012

For The Aerospace Industry 'Fiscal Cliff' Represents A Red Alert

Originally published on Wed December 5, 2012 2:05 pm

It's red alert time for aerospace industry executives, workers and contractors.

As they mingled today at the Aerospace Industries Association's annual Year-End Outlook luncheon at a Washington Grand Hyatt, the bright red electronic digits kept counting down for them.

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Around the Nation
1:47 pm
Wed December 5, 2012

Texas Twang Fixin' To Ride Off Into The Sunset

Lyndon Johnson, then the vice president-elect, with a prize-winning Hereford bull on his ranch near Johnson City, Texas, in 1960. Linguists say the twang that has long been synonymous with Texans is fading.
AP

Originally published on Wed December 5, 2012 5:25 pm

When most people think of Texas — and what makes a Texan — one of the first things that might come to mind is the way Lyndon Johnson or the late Gov. Ann Richards spoke.

But these days, "talking Texan" sounds a whole lot different than it did just a few decades ago.

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Environment
1:47 pm
Wed December 5, 2012

In Arid West, Cheatgrass Turns Fires Into Infernos

The Constantina Fire burning in Long Valley, Calif., in 2010, very likely started in cheatgrass.
Courtesy of Nolan Preece

Originally published on Wed December 5, 2012 3:36 pm

Cheatgrass is about as Western as cowboy boots and sagebrush. It grows in yellowish clumps, about knee high to a horse, and likes arid land.

One thing cheatgrass does is burn — in fact, more easily than anyone realized. That's the conclusion from a new study that says cheatgrass is making Western wildfires worse.

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