On revenue is disgusting. Reporter president obama wanted a bargain that dealt with taxes and spending cuts at the same time. But with this congress, that was obviously a little too much to hope for at this time. Reporter House Speaker john boehner has not yet publicly endorsed the deal. And the house reconvenes by midday today. A vote could also come today. Tara, a lot of republicans werent happy with the president s speech yesterday. Is there any indication that that could affect the vote in the house . Well, president obama during that speech criticized congress for taking too long to come up with this deal. He also laid the groundwork for another problem thats coming and thats basically burrough upping the countrys burrough limit. Republicans will no doubt try to use upping that in exkang for spending cuts. And to which the president said, they have another thing coming if they think thats going to be the case. Spending cuts alone are not going to be able to reduce the countrys def
Where we need to on this is disgusting. Reporter president obama said he want taxes and spending cuts at the same time. But with this congress that was a little too much to hope for at this time. Reporter House Speaker john boehner has not publicly endorsed the deal. Tara mergener for cbs news, washington. Now, the house is set to reconvene today at 9 a. M. Pacific time. A house vote is expected today or tomorrow. What a night. No fog this year, perfectly clear last night for fireworks along the waterfront here in San Francisco. Its beautiful out there. A lot of people showed up for the 15minute display and jammed the streets near the bob barker. When it was all over, i think most of them are still out there, it was crowded getting into work today but there was some violence during the new years celebration here in the city. Cbs 5 reporter cate caugiran is in San Francisco with the Problems Police had with the new years crowd and has the latest. Reporter good morning. Happy new year. S
male announcer live from the kron 4 news station, this is the kron 4 news. Top stories we are following on this tuesday january 1st. The country has gone over the socalled fiscal cliff. As the midnight deadline for a deal came and went. And now the house is expected to vote on the bill today. Plus two separate shootings. And at least ten people arrested for public intoxication in San Francisco. As the city rang in the new year. A live and taking a live look outside from our roof camera. Glancing back at san shots fired in two separate incidents in San Francisco as the city celebrated the officers have also arrested at least ten people in the embarcadero area for public intoxication and other misdemeanors. To get you more news faster we turn to kronfour solo Police Say Two people died and three others were injured in a new years eve shooting. After a fight in a restaurant in the Old Sacramento area. It happened last night outside the Sports Corner cafe. Police say some 40thousand people
Cornell, thank you. Sacramento police have made an arrest in a deadly shooting that forced police to cancel the new years eve fire works show. Yes. Someone at a fight in a bar in Old Sacramento last night. An employee tried to break it up. And killed. Armed Security Guard on the gunman got into a shootout. About 100 people just scattered. Immediately so, much people were running and falling down. Mayhem. Just scary. A Security Guard and two other people were injured andz;c a Police Officer grabbed the suspect as he tried to get away. Police have to call off the new years eve party. Its it through 40,000 people. An this new years day, we turn our attention to continuing battle over the infamous fiscal cliff in the hands in the u. S. House of representatives. Republicans were balking at the deal. The speaker of the house has not even call forward a vote yet. Now, following the fate of the compromise, show this go something. This Senate Passed its compromise fix at 2 00 this morning. Its
Fiscal cliff compromise almost a done deal. All night we watched house leaders parade in and out of hushhush meetings up and down the halways in the capitol. Some told me they even took some time tonight to actually read this 150pageplus bill. A bill that would avert a massive tax increase on nearly every american who earns less than 4 hun thousand. After all the long fierce debate, the u. S. House scheduled a vote for tonight. I think weve made gigantic progress. I hope that we can have a by partisan agreement as we go forward. In the words of one u. S. House leader it was important to vote on this deal before the stock market open and had potentially crashed. Just before the vote, republicans on the house floor. Were taking up a bill that will not do anything to cut spending. And in interviews with us, criticized this lastminute deal saying its certain to raise americas already skyhigh national debt. This is like a credit card that were just putting more money on, and were charging i