Provided by www.whitehouse.gov Report Details Consequences if Congress Fails to Extend Middle-Class Tax Cuts
Report Details Consequences if Congress Fails to Extend Middle-Class Tax Cuts
With the long holiday weekend now over, the nation's capital turns again to the rapidly approaching fiscal cliff, now just over a month away.
You can hear the hum in the air at Amazon's distribution centers, gearing up for what they hope will their busiest day of the year.
President Barack Obama helped juice retail numbers himself this weekend with some Christmas shopping at a Virginia book store.
But on Monday morning, the White House is warning what could happen to retail sales if government spending cuts and massive tax hikes kick in at the end of the year: the fiscal cliff.
It's a concern retailers have already been talking about. Shoppers are uncertain.
Some Republicans have taken a step toward the president since the election, showing a willingness to raise taxes by capping deductions for high earners.
But rates, Republicans say, should stay where they are. And this only works if Democrats agree to spend less.
Fox News' Doug Luzader has more details in this video report.
Tuesday, June 18 2013 10:43 PM EDT2013-06-19 02:43:10 GMT
Times are tough for many in Philadelphia with almost half a million people turning to food pantries just to survive. Several organizations are working to provide healthy options.
Times are tough for many in Philadelphia with almost half a million people turning to food pantries just to survive. Several organizations are working to provide healthy options.
Tuesday, June 18 2013 10:23 PM EDT2013-06-19 02:23:12 GMT
For the second time in one week, officers from the PSPCA are rescuing cats from another hoarding situation.17 cats have been rescued so far from a rowhome on the 2000 block of Margaret Street.
For the second time in one week, officers from the PSPCA are rescuing cats from another hoarding situation.17 cats have been rescued so far from a rowhome on the 2000 block of Margaret Street.
Tuesday, June 18 2013 10:20 PM EDT2013-06-19 02:20:21 GMT
Doctor Michelle Liggio was a very popular Pensauken doctor. Tonight she's a murder victim. Police say her husband shot her inside her office before turning the gun on himself.
Doctor Michelle Liggio was a very popular Pensauken doctor. Tonight she's a murder victim. Police say her husband shot her inside her office before turning the gun on himself.
Tuesday, June 18 2013 8:56 PM EDT2013-06-19 00:56:59 GMT
In Delaware County, a man is charged with raping a woman. And what led to his arrest--her iPhone. Upper Darby police arrested 23-year-old Gaurave Kumar for sexually assaulting his ex-girlfriend.
In Delaware County, a man is charged with raping a woman. And what led to his arrest--her iPhone. Upper Darby police arrested 23-year-old Gaurave Kumar for sexually assaulting his ex-girlfriend.
Tuesday, June 18 2013 8:55 PM EDT2013-06-19 00:55:15 GMT
Bensalem police have arrested the suspect wanted for stabbing a man during a vehicle break-in. They previously released a series of suspect photos to help in the search.
Bensalem police have arrested the suspect wanted for stabbing a man during a vehicle break-in. They previously released a series of suspect photos to help in the search.
Tuesday, June 18 2013 6:58 PM EDT2013-06-18 22:58:16 GMT
Under a "doomsday" budget now being enacted, schools and students in the city of Philadelphia are facing devastating losses. Philadelphia is trying to convince the state not to let it happen.
Under a "doomsday" budget now being enacted, schools and students in the city of Philadelphia are facing devastating losses. Philadelphia is trying to convince the state not to let it happen.
Tuesday, June 18 2013 6:07 PM EDT2013-06-18 22:07:39 GMT
Published reports are saying this is a murder/suicide. The victim is 47 year old family practice doctor Michelle Liggio, and the alleged gunman is her estranged husband 58 year old Christopher.
Published reports are saying this is a murder/suicide. The victim is 47 year old family practice doctor Michelle Liggio, and the alleged gunman is her estranged husband 58 year old Christopher.
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