Tuesday, June 18 2013 8:30 AM EDT2013-06-18 12:30:38 GMT
It happened around 2:30 this morning at the kangaroo express on south kentucky. You can see a heavy police presence at the scene. Officers say a white male in his late 20's, early 30's walked into theMore >>
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By DAVID ESPO and JIM KUHNHENN Associated Press
WASHINGTON (AP) - The end game at hand, the White
House and Senate leaders launched a final attempt at compromise Friday
night in hopes of preventing a toxic blend of middle-class tax increases
and spending cuts from taking effect at the turn of the new year.
"I am hopeful and optimistic" of reaching an
agreement after months of gridlock, the Senate Republican Leader, Mitch
McConnell of Kentucky, said after a meeting with President Barack Obama
and top congressional leaders at the White House.
He said he hoped for a compromise that could be
presented to rank and file lawmakers by Sunday, little more than 24
hours before the year-end deadline.
Said Majority Leader Harry Reid said, "I'm going to
do everything I can" to prevent the tax increases and spending cuts
that threaten to send the economy into recession. He cautioned,
"Whatever we come up with is going to be imperfect.
Success was far from guaranteed in an atmosphere of
political mistrust - even on a slimmed-down deal that postponed hard
decisions about spending cuts into 2013 - in a Capitol where lawmakers
grumbled about the likelihood of spending the new year holiday in the
"The clock is ticking," Sen. Max Baucus, chairman
of the Senate Finance Committee, said in remarks on the Senate floor as
Obama and congressional leaders were meeting several blocks away at the
White House. "My message to them is simple. We can do this. We can get
this done, and we must," added the Montana Democrat.
Congressional Democrats said Obama was ready with a revised offer to present.
But that drew a denial from a person familiar with
the talks, who said the president would review his proposal from a week
ago, when he urged lawmakers to preserve tax cuts for most while letting
rates rise above incomes of $250,000 a year. At the same time, Obama
said lawmakers should extend unemployment benefits for the long-term
jobless. The person was unauthorized to discuss the private meeting
publicly and spoke on condition of anonymity.
The meeting lasted a little over an hour and
neither the president nor the four lawmakers spoke with reporters before
or immediately after the session.
The guest list included two Republicans, House
Speaker John Boehner, and McConnell; as well as Democrats Reid and Rep.
Nancy Pelosi of California, her party's leader in the House.
The same group last met more than a month ago and
emerged expressing optimism they could strike a deal that avoided the
fiscal cliff. At that point, Boehner had already said he was willing to
let tax revenues rise as part of an agreement, and the president and his
Democratic allies said they were ready to accept spending cuts.
Since then, though, talks between Obama and Boehner
faltered, the speaker struggled to control his rebellious rank and
file, and Reid and McConnell sparred almost daily in speeches on the
Senate floor. Through it all, Wall Street has paid close attention, and
in the moments before the meeting, stocks were trading lower for the
fifth day in a row.
The core issue is the same as it has been for more
than a year, Obama's demand for tax rates to rise on upper incomes while
remaining at current levels for most Americans. He made the proposal
central to his successful campaign for re-election, when he said incomes
above $200,000 for individuals and $250,000 for couples should rise to
39.6% from the current 35%.
Boehner refused for weeks to accept any rate
increases, and simultaneously accused Obama of skimping on the spending
cuts he would support as part of a balanced deal to reduce deficits,
remove the threat of spending cuts and prevent the across-the-board tax
Last week, the Ohio Republican pivoted and
presented a Plan B measure that would have let rates rise on
million-dollar earners. That was well above Obama's latest offer, which
called for a $400,000 threshold, but more than the speaker's rank and
file were willing to accept.
Facing defeat, Boehner scrapped plans for a vote,
leaving the economy on track for the cliff that political leaders in
both parties had said they could avoid. In the aftermath, Democrats said
they doubted any compromise was possible until Boehner has been elected
to a second term as speaker when the new Congress convenes on Jan. 3.
Apart from income tax rates, congressional
officials in both parties said a handful of other issues were the
subject of private talks in the Capitol. These included the Alternative
Minimum Tax, which would effectively raise taxes on millions of
upper-middle-class families unless Congress acts; as well as taxes on
capital gains, dividends and estates.
In addition, benefits for the long-term unemployed
are due to expire in the next few days, and doctors face the prospect of
a deep cut in the fees they receive for treating Medicare patients
unless legislation is passed to prevent it.
Further compounding the year-end maneuvering, there
are warnings that the price of milk could virtually double beginning
Congressional officials said that under current
law, the federal government is obligated to maintain prices so that
fluid milk sells for about $20 per hundredweight. If the law lapses,
the Department of Agriculture would be required to maintain a price
closer to $36 of $38 per hundredweight, they said. It is unclear when
price increases might be felt by consumers.
Associated Press writers Alan Fram and Andrew Taylor contributed to this report.
Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten.
Tuesday, June 18 2013 3:35 PM EDT2013-06-18 19:35:49 GMT
A dog battling cancer managed to hang on long enough to see her owner return from a deployment overseas. According to Jennifer Ralston's YouTube channel, Kermie, an 11-year-old beagle-lab-chow mix, wasMore >>
Kermie, an 11-year-old beagle-lab-chow mix, was diagnosed with oral melanoma just a month after her owner, Eric, was deployed overseas.More >>
Tuesday, June 18 2013 8:38 AM EDT2013-06-18 12:38:30 GMT
In a beautiful home tucked away in the woods of Lexington County, Crystal and Craig Hewitt appear to be living a fairy tale life. But their story, and why two swing sets swing empty in the summer wind,More >>
In a beautiful home tucked away in the woods of Lexington County, Crystal and Craig Hewitt appear to be living a fairy tale life.More >>
Tuesday, June 18 2013 10:54 PM EDT2013-06-19 02:54:15 GMT
A new Subway opening along Highway 41 and Morgan Avenue in Evansville treated dozens of customers to a free sandwich Tuesday evening. It was their way of welcoming folks to the new location. "It'sMore >>
A new Subway opening along Highway 41 and Morgan Avenue in Evansville treated dozens of customers to a free sandwich Tuesday evening.More >>
Tuesday, June 18 2013 9:21 PM EDT2013-06-19 01:21:05 GMT
Monday night's accident in on Interstate 64 in Gibson County claimed the life of a young girl and injured several of her family members. Fort Branch General Baptist Church Pastor Steve Akins has beenMore >>
The family's pastor has been at the hospital with the family since the accident Monday night. He tells 14 News the physical scars left by this accident are only the beginning of a long, very traumatic recovery.More >>
Tuesday, June 18 2013 9:23 AM EDT2013-06-18 13:23:30 GMT
A 5-year-old girl set up a lemonade stand across the street from the Westboro Baptist Church compound, and now the group is targeting her. Jayden Sink raised nearly $200 on Friday while she sold lemonadeMore >>
A 5-year-old girl set up a lemonade stand across the street from the Westboro Baptist Church compound, and now the group is targeting her.More >>
Tuesday, June 18 2013 12:44 PM EDT2013-06-18 16:44:56 GMT
SHELBYVILLE, KY (WAVE) – A teenage girl found dead in a Shelby County creek Monday morning has been identified.Deputy coroner Jeff Ivers said Jackleen Lane, 15, of Bagdad, KY drowned. She was last seenMore >>
How Jackleen Lane, 15, ended up in the creek has not been determined.More >>
Tuesday, June 18 2013 3:35 PM EDT2013-06-18 19:35:01 GMT
SAND CREEK TOWNSHIP, IN (WAVE) – A 12-year-old Jennings County boy was accidentally shot in the head by his 16-year-old brother late Monday night while handling firearms in their home, according to theMore >>
Investigators said the 16-year-old had been handling a .22 caliber rifle when it discharged while the rest of the family was asleep.More >>
Tuesday, June 18 2013 10:45 PM EDT2013-06-19 02:45:09 GMT
A traffic alert for drivers in Spencer County. Officials tells us that an overturned semi has traffic down to one lane on eastbound I-64 at the Dale, IN exit. There's no word as of now on injuries. CrewsMore >>
Around 4:00 p.m., an overturned semi caused traffic delays in the eastbound lanes that lasted for a few hours while crews cleared the site. More >>
Monday, June 17 2013 6:39 PM EDT2013-06-17 22:39:20 GMT
A lawsuit claims billionaire hardware kingpin John Menard pressured the wife of a business partner to have sex with Menard and his wife and retaliated with firings and lawsuits when she turned him down. Menard'sMore >>
Menard's attorney says Menard categorically denies the claims by Tomisue Hilbert.More >>
1115 Mt. Auburn Road
Evansville, IN 47720