The white house and Congress Make a deal with the fiscal cliff agreement means for everyones paycheck. 60 minutes now of 2013, good evening. The u. S. Senate has reached a deal in the fiscal cliff negotiations. Cnn is reporting. Reporter lawmakers postautomatic spending cuts. But they did strike a deal on taxes. Three hours before the midnight dead line Senate Minority leader Mitch Mcconnel and joe biden emerge with taxing and spending. This is a mini cliff, big cliff still lies in front of us. Big cliff. Reporter president obama had scolded congress for waiting so long. One thing we can count on with respect to this congress is that if theres even one second left before you have to do what youre supposed to do, they will use that last second. Reporter the bush era tax cuts remain in place for individuals earning as much as 400,000 a year and families 450,000 a year. Far above the 250,000 on which president obama campaigned. Those making more will see higher income taxes, Capital Gains
What it means for you and your finances. Reporter lawmakers postponed the automatic spending cuts that would have hit the pentagon and other federal agencies this week. They did strike a deal on taxes. Three hours before the midnight deadline, Senate Majority leader Mitch Mcconnell and Vice President joe biden emerged with a compromise on taxes and agreed to wait on slashing spending. This was the mini cliff. The big cliff still lies in front of us. Reporter president obama had scolded congress for waiting so long. One thing we can count on with respect to this congress is that if theres even one second left before you have to do what youre supposed to do, they will use that last second. Reporter the bushera tax cuts remain in place for individuals earning as much as 400,000 a year, far above the 250,000 level on which president obama campaigned. But those making more will see higher income taxes, capital gains, plus a new Health Care Reform surtax. Rob wood says youll notice in your p
What is next here. Reporting live, health and science editor john fowler ktvu channel 2 news. Crews clearing mud and debris from a sliding hillside in oakland. The pile of mud started coming down this morning and left debris in the street. One lane was closed while crews worked in the area. Significant rain yesterday. You saw it coming down hard for a time. These are some of the totals sunday. The rain dumping. Almost 3 inches of rain. Bolder creek, half foot of rain, 5 inches of rain. Redwood city. Looks like we will see more showers tomorrow. What i am tracking is this next weather system. Nice looking system but nothing like what we saw. It will get in here tomorrow and bring rain. When i get back, i will break down the timing and we will go through it hour by hour so you can plan out your day. But the showers will be there. See you back here in a bit. And we want to report breaking news to you. These are live pictures from news chopper 2. A number of emergency vehicles on the road,
Title of biblicalthemed movies throughout the year. You may have never seen this . The rise of the ninepin bowling, the goal is not to knock them all down on this saturday, march 22nd, 2014. Captioning funded by cbs and welcome to the weekend. We also have some great guests for you this morning including one of our favorite chefs kathie lee who litearned to cook literally on her grandmothers knee. Plus from nashville, she worked on wall street before performing. Now she has bob dylans attention. We begin with our top story the search for Malaysia Flight 370. The hunt is now headed into its holly williams. Shes at the air force base where the search is. Good morning. Reporter good morning. We have breaking news at this hour that the chinese may have spotted some of the wreckage of flight 370 somewhere many the indian ocean. 1,500 miles off the coast of australia search crews continue to scour the seas. A new satellite image released by the chinese authorities and taken four days ago app
Notes, the latest numbers and how the delay is leading to more questions than answers. President biden is overseas focusing on climate change, his administration in turmoil. A top official told him to quit or be fired. Hes not quitting. A brand new turn in the crisis at the southern border. And on this veterans day, fox news would like to invite you to make cam mow your cause by donating and wearing your camouflage. Well talk to a west point graduate about his grand, authentically american, and show you how we can all help veterans in need. But we begin with breaking news in the arizona and nevada elections. Matt fin, live with the latest, matt, good evening . In the grand canyon state, the fox news decision desk declaring democratic senator mark kelly won reelection in arizona defeating republican contender blake masters. That race at one point is considered one of the best options for republicans to pick up a seat this year. This evening, the fox news decision desk declared republica