Jan 3, 2013 12:53am Charles Dharapak/AP PhotoHONOLULU, Hawaii — President Obama has signed the “fiscal cliff” legislation into law via autopen from Hawaii, where he is vacationing with his family.The bill to avert the “fiscal cliff” arrived at the White House late this afternoon and it was immediately processed, according to a senior White House official. A copy was...
Jan
02
Skidology: Winter research that lets things slide
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US, Europe 'biggest risks' for global economy in 2013, says Nobel laureate
Labels: Technology FRANKFURT: Debt problems in both the United States and Europe represent the biggest risks for the global economy in 2013, Nobel prize laureate Joseph Stiglitz wrote in a newspaper article on Wednesday."In the outlook for 2013, the biggest risks for the global economy are in the US and in Europe," Stiglitz wrote in a guest column for the business daily Handelsblatt.But "the real risk for...
Crises averted, but more fights loom
Labels: LifestyleSTORY HIGHLIGHTSThe vote prevents tax increases for more than 98% of Americans It also wards off $110 billion in automatic cuts to domestic and military spendingMost Americans will still see a payroll tax increase after a 2011 cut expiresOther fiscal challenges this year include the debt ceiling and a continuing budget resolutionWashington (CNN) -- After exhaustive negotiations that strained the country's...
House GOP blasted for scrapping Sandy aid vote
Labels: Health WASHINGTON New York area-lawmakers in both parties erupted in anger late Tuesday night after learning the House Republican leadership decided to allow the current term of Congress to end without holding a vote on aid for victims of Superstorm Sandy. Rep. Peter King, R-N.Y., said he was told by the office of Majority Leader Eric Cantor of Virginia that Speaker John Boehner of Ohio had decided to...
Obama Hails 'Cliff' Deal, Warns of Next Fiscal Fight
Labels: Business Minutes after the House of Representatives approved a bipartisan Senate deal to avert the "fiscal cliff" and preserve Bush-era tax cuts for all Americans making less than $400,000 per year, President Obama praised party leaders and wasted little time turning to the next fiscal fight."This is one step in the broader effort to strengthen our economy for everybody," Obama said.Obama...
Jan
01
2012 review: The year in health science
Labels: World Read more: "2013 Smart Guide: 10 ideas that will shape the year" The first half of 2012 will be remembered for the saga over whether or not to publish controversial research involving versions of the H5N1 bird flu virus engineered to spread...
Tennis: Britain's Robson crashes out in Shenzhen
Labels: Technology BEIJING: British teenage tennis sensation Laura Robson crashed out of the Shenzhen Open in straight sets on Tuesday, a disappointing start to a year in which she is seeking to break into the world top 50.The 18-year-old, currently ranked 53rd in the world, lost her second-round match against Romania's Monica Niculescu 2-6 3-6 in one hour and 16 minutes.She was seeded seventh in the hard...
Senate passes package to avert fiscal cliff
Labels: LifestyleSTORY HIGHLIGHTSThe measure now goes to the House where a vote could come TuesdayA statement from House leadership made no promisesUnder the Senate package, taxes would stay the same for most AmericansIt leaves a range of big issues unaddressed.As the fiscal cliff looms, what's your New Year's message to Washington? Go to CNN iReport to share your video.(CNN) -- A full two hours after a midnight deadline,...
Senate Approves 'Fiscal Cliff' Deal, Sends to House
Labels: Business Two hours after a midnight deadline for action, the Senate passed legislation early New Year's Day to avert the so-called "fiscal cliff" with an overwhelming vote of 89-8.Senate passage set the stage for a final showdown in the House, where a vote could come as early as today."While neither Democrats nor Republicans got everything they wanted, this agreement is the right thing...
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