Accident happened just before 8am new years day. Police say the driver of the black chevy was fleeing a traffic stop. When he t boned the white toyotasending that of a liquor store. Killing francisco who was on the sidewalk a 29 year old female passenger inside the toyota was also killed. The driver of the toyota18 year old Juan Fernando garciatunwas transported to sf general where he remains in serious condition. Police have now identified the driver of the suspect car as 19 year old David Moraleswho you see here in these imagescaught by a witnessas hes being taken into custody as well as being treated for the minor injuries he sustained. Police say moralesa felon and a gang memberhad just fired a handgun at three people inside a Housing Project at 14th and valencia. It was after being stopped by police in connection with that shooting. That he took offand caused this deadly smash up. A handgun was recovered inside his vehicle. Morales is now out of the hospital felony chargesincludin
Raising taxes to give the president more money to spend. Reporter president obama ahead promised to work with congress to find more spending cuts in the future. But he urged them not to play politics with the nations debt limit. I will not have another debate with this congress over whether or not they should pay the bills that they have already racked up. Reporter treasury secretary Timothy Geithner has warned congress that the country is just a few months away from defaulting on its loans for the first time in u. S. History. The consequences for the entire Global Economy would be catastrophic far worse than the impact of a fiscal cliff. Reporter but Many Republican congressmen say the debt limit debate is the last chance for them to secure the deep spending cuts necessary to pay down our nations debt. The bill now goes to president obama for his signature. Back to you. Thank you. Most overseas stock markets jumped higher today on news that the u. S. Fiscal cliff has been averted. Her
male announcer live from the kron 4 news station, this is the kron 4 news. The top story is the fiscal cliff. Theyre just approved the votes to approve the fiscal cliff. This prevents tax hikes for the middle class. This magic number to pass was tutored 17. So it did receive. House speaker, john boehner voted yes. This was the first sign and the next is the president s desk that should happen fairly soon. Other big stories two people are killed in a crash after a police chase in San Franciscos Mission district. Its caught on south bay. Our top story tonight. The fiscal cliff. The house is now voting on fiscal cliff tax increasesit looks as though the senateapproved bill will get enough votes to pass. For the middle class and earning over 450thousandit also extends unemployment bill is 217. Meaning thea Police Chase Ends in a deadly crash. Two people were killed this morning after a driver crashed into a liquor store in san francisco. This is Surveillance Video. A third person was badly
Get 36 months interestfree financing no down, and no interest for 3 years. Plus, get free sameday delivery. Sleep trains 100day money back guarantee, interestfree financing, and free delivery . Thats the ticket sleep trains ticket to tempurpedic is on now. Sleep train your ticket to a better nights sleep male announcer live from the bay area here is your kron 4 news thanks for joining us and president obama is just arriving in hawaii after the house approves the measure passed by this and that they keep the country from going over the fiscal cliff. Waking up to cold temperatures in the bay area with clear skies. We have Team Coverage around the bay area this morning. And wall street the big story that the reached a deal to keep taxes from going out on 98 percent of americans. The dow is standing at 13,367. It is very cold with temperatures below freezing and a lot of locations. A freeze warning as an effect 4 north bay valleys until 9 00 this morning. At Jackie Sissel is live and san r
From the bay area this is the kron 4 morning news. Kron 4 news at 4 a. M. Starts now. Good morning it is wednesday january 2nd were taking a live look outside at San Francisco. Were watching the weather this morning and we will be checking in with erica who has a look at our forecast in just a minute of first to our top forecast this morning congress as recent agreement that keeps the nation from going over the fiscal cliff. The house of representatives voted last night to approve the senate bill passed earlier in the day. Martha shade has the story. Beating the motion is adopted. The house approved the measure passed earlier today by the senate. It also extends an income and benefits. Some cuts will not be addressed until two months which was disciplined for some republicans. Their obligation was to bring us a balanced meal one that had tax adjustment but also spending cuts. This one fails at that and fails badly. President obama praised lawmakers to reach an agreement to protect the