The Dow Industrials gained 166 points today. That's about 1.3 percent. Before today, the stock market had been steadily drifting lower, losing ground for five straight days. Joining us now to talk about the market is NPR's Jim Zarroli. And, Jim, of course, we don't know how today's talks in Washington will ultimately turn out, but it does appear that before the markets close today news of a deal was moving the markets. True?
As the hours ticked away before the end of the year, Congress still did not have a final package to vote on or even debate to avert automatic tax hikes and spending cuts. NPR's David Welna, reporting from the Capitol, talks with All Things Considered host Audie Cornish to help us understand what the next day or two may hold.
Originally published on Mon December 31, 2012 1:32 pm
Jeff Jarvis has had enough of the White House's petition site.
The 1-year-old site, We the People, is meant to be a place for Americans to directly entreat the president. Any petition that gathers more than 25,000 signatures in its first month is supposed to generate an official response from the Obama administration.
NPR's coverage of President Obama's comments on the "fiscal cliff" talks
Update at 9:45 p.m. Deal Reached
Vice President Joe Biden was meeting late Monday with Senate Democrats to brief them on a proposed deal to stop sharp tax increases and spending cuts. A source told NPR the deal with congressional Democratic and Republican leaders includes a mix of both.
Democrat Ann Kirkpatrick will represent Arizona's 1st Congressional District when she returns to Washington this week after sitting out a term. This time around, Kirkpatrick hopes to strengthen her foothold in a swing district, but she's dealing with a tricky electorate.
First elected to the House in 2008, Kirkpatrick turned a red district blue. Then in 2010, the backlash against President Obama and his health care plan hurt her. So, a Republican dentist from Flagstaff took her seat for a term.
The countdown is on to a new year — and the fiscal changes that are on the other side of midnight. But what else is on the cards economically for 2013, both here and overseas? Guest host Celeste Headlee puts the question to the Wall Street Journal's Sudeep Reddy.
The new year could bring new challenges to the nation's schools and students. Host Michel Martin discusses what's ahead with NPR Education Correspondent, Claudio Sanchez. He says immigration policy and the demand for Pell Grants could have a huge effect on American education in 2013.
Despite what has been called a status quo election, life is far from static on Capitol Hill. The 113th Congress will bring with it generational and some historic changes, including the first all-female delegation for a state (New Hampshire), and the fewest number of military veterans in the Senate and House since World War II.
Originally published on Mon December 31, 2012 3:49 am
As American make contributions to various charities at the end of the year, there is increasing evidence that politics is playing a role in their decisions. Research suggests that the way the charity presses certain ideological buttons predicts whether liberals or conservatives will pony up a donation.
Earlier this week, former George W. Bush adviser and Republican strategist Mark McKinnon wrote that all he wants for Christmas is a new GOP. He tells host Jacki Lyden what he wants from his party going forward.
Arizona DREAM Act Coalition staff members, other advocacy group representatives and young immigrants line up in Phoenix last August for guidance about the federal program called Deferred Action, that would help illegal immigrants avoid deportation.
This is WEEKENDS on ALL THINGS CONSIDERED from NPR News. I'm Jacki Lyden.
Time is quickly running out for Congress to strike a deal blocking automatic tax hikes and spending cuts that kick in within the New Year. Despite the presence of Vice President Joe Biden at the White House and a flurry of proposals passed back and forth today between Senate Republicans and Democrats, things seem to have reached an impasse this afternoon. Senate Majority Leader Harry Reid has said that nothing will happen this evening.
Originally published on Sun December 30, 2012 4:15 pm
In the final hours of the latest budget crisis in Washington, several salient facts are increasingly clear.
First, the leaders of the two parties in the Senate might still put together a negotiated deal that would avert the combination of tax increases and spending cuts known as the fiscal cliff. The leaders would start with President Obama's top priorities, modify them to accommodate Republican preferences, throw in some measures that are GOP priorities and take the package to the floor.
Originally published on Sun December 30, 2012 5:36 pm
Senate negotiators failed to reach a deal Sunday on averting the "fiscal cliff," with the chamber adjourning for the night and only one day remaining before a package of spending cuts and tax increases automatically kicks in.
Majority Leader Harry Reid said the Senate will go back in session at 11 a.m. ET Monday. It's at least theoretically possible that negotiators might reach a deal and the Senate will have a package to vote on when it reconvenes Monday, meaning the measure could go to the House — where it may or may not come to the floor for a vote.
Weekend Edition Sunday guest host Linda Wertheimer speaks with Joshua Green, senior national correspondent for Bloomberg Businessweek, about the latest in the last-minute push to resolve the debt crisis.
Last year marked the first time in more than six decades that there was no Kennedy in elected office in the nation's capital.
But that gap ends this week with the inauguration of Rep.-elect Joseph Kennedy III of Massachusetts. The son of former Rep. Joe Kennedy and the grandson of the late Robert F. Kennedy was elected by a 2-1 margin in his first run for office.
There's little denying that Kennedy's election was about more than just him.
There's always name-calling in national elections, but now there are more ways to get the message out, says political opposition researcher Michael Rejebian. During the past election, he says, the dirt was just flying more often.
Rejebian and Alan Huffman — both former investigative reporters — dig up background on their clients' opponents. While their currency is facts, many of the political attacks this election cycle were doling out something different.
The deadline for the so-called "fiscal cliff" is fast-approaching. The combination of automatic spending cuts and tax hikes go into effect in just three days. NPR's Ari Shapiro talks with host Jacki Lyden about where congressional leaders are on a deal.