Democrats want a oneyear extension. Republicans insist on dealing with it sooner. If there has no overall agreement, americans will feel the impact of the fiscal cliff very quickly. The average American Family will see a tax increase of more than 3400. If the senate is able to pass a deal, top House Republicans arent confident theyll have the time to get it done by midnight, which means taxes will go up, but the house will meet tomorrow, and they will be voting on a tax cut. So, while there is still no deal on the cliff chef, lawmakers have reached a tentative agreement to keep milk prices from going up in 2013. The house and senate have developed a shortterm farm extension bill that who last one year. Its not clear when they who bring it to a vote. If the measure isnt passed by midnight, the government would be forced to buy milk at twice the amount. Just head to our home page and look under the featured stories section. Today was the deadline to file for marylands homestead tax credi
Breaking news. A cord pulling us right back up that fiscal cliff just moments ago. The house of representatives gave their stamp of appeal to build the Senate Approved early this morning that would avert the fiscal cliff tax increases. At least for now avert big acrosstheboard federal spending cuts. Weve been following the developing story all day long. A story that touches each and every one of us. Tonight we have Team Coverage for you. Well take a look at the hit your wallet is still going to take as they have reaction tonight from capitol hill. But first a quick recap of what has been happening on the hill since you sat down to dinner. Many lawmakers wanted the spending cuts added to it now. They wanted individuals earning 400 and families earning about 450,000. And it also delays big spending cuts for at least two months. Now congress will have to deal with that later and deal with whether to raise the 16. 4 trillion Borrowing Limit so the government can keep paying its bills. But
Speak and that can be responsible for some chilly temperatures around here for the next couple days. Hour high will only be about 40 and overnight lows in the 20s. Theres satellite and radar. We have a leftover shower, even some light snow showers to the south and east this morning. You got to get down into southern maryland, down across the bay here, down towards salisbury and ocean city, finding a couple light sprinkles and showers. Thats the back edge of the front. Still dealing with clouds out there too, but the trend will be to bring the sunshine back for the first time in a couple days. We should be mostly sunny for a good bulk of our wednesday and cool. So make sure you have a jacket. High temperatures will only be about 40 or so. Otherwise dry conditions expected today. Much of the remainder of the week here looks nice and quiet and ill have details on that, and, of course, well take a look at the redskins game coming up in a few moments. Guys, back to you. Tucker, thawf. Check
Intentional effort it appears to mislead the American Public with this cynical bill. So its not a perfect package. But it is something that gets us by while we tackle the larger issues in the next congress. I pray god that next congress is more willing to compromise than this. Democrats in the house met with Vice President joe biden today. Hes urging their support for the deal passed by the senate. The holdup on the other side seems to be a desire for much more in the way of federal spending cuts. Its still a game of wait and see with severe consequences for most americans. Being staying on top of the hill and have the very latest for you tonight on the 10 00 news. All right. Lets join fox 5 political analyst to get more insight on this. Mark, how is the president i guess going to claim total victory if in fact hes raising tax rates on the rich but ultimately going up. He said it was 250,000 and now gone up to 4 or 450. Thats right. Plan b, john boehner, the leader of the rublicans off
Exiting bit of slow traffic exiting on to route 50 coming into cheverly northbound on 295. But other than that, youre okay. In fact, lets take a live look outside and show what you it looks like here on route 50 heading for the beltway coming in from annapolis. You can see that traffic volumes are still pretty light. Lets go back over to the maps this time heading over to the other side of town. 270 southbound, youre going to go id say about 31 miles an hour as you leave route 109 toward 121. A last live look a little further south near Montrose Road in rockville. Still a little heavy as well to the point where the lanes divide. Ill be back with more traffic coming up at 6 11. Back to you guys. Thank you, monika. It is official. The house passes the fiscal cliff bill and president obama is thanking congress for passing it. But when he spoke late last night, he said he hopes for less drama in the future. Theres looft work still to be done lot of work still to be done. Now the bill heads