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CNNW CNN Newsroom December 24, 2012

Package all wrapped in a big red bow, better fire off a quick note to santa. A grand bargain isnt going to come by christmas or new years when all sorts of tax increases and automatic spending cuts take effect. It may take up president obamas bare bones stopgap measure. That plan would block tax hikes for those earning 250,000. It would extend Unemployment Benefits to 2 million americans and put off spending cuts until the new year brings a new congress. Our expert on all matters relating to the fiscal cliff is dana bash. She joins me now from washington. Dana, great to see you again. Tell me does even a bandaid approach work . Its going to be tough. This is all math. But it really has to do with the math with regard to votes. And democrats especially who im talking to in the senate which is probably where this will originate, the reality is that democrats dont hold a very big majority. Her going to need to have a handful o ....

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CNNW CNN Newsroom December 29, 2012

John boehner and House Democratic leader nancy pelosi met at the white house yesterday afternoon with the president and Vice President. Heres where things stand right now. The Senate Leaders are meeting aiming to avoid tax hikes. And they may vote on a deal sunday or perhaps on monday. Jessica yellin is our chief white house correspondent. Lisa day jar dayne is on capitol hill. The president used his bully pulpit to reinforce the idea that senators need to get busy. So lets listen. The American People are watching what we do here. Obviously, their patience is already thin. This is deja vu all over again. America wonders why it is that in this town for some reason, you cant get stuff done in an organized timetable, why everything always has to wait till the last m ....

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CNNW CNN Newsroom December 26, 2012

Day. They were hunkered down and watching at least one tornado rip up trees, whip around power lines and just in this one spot from east texas to the gulf coast of alabama you have weather officials counting 28 tornadoes that hit ground on Christmas Day. Now, in southern alabama right now more than 200,000 homes are without power. We are live from mobile in just a minute with the full picture of the damage there. All right. You are watching this is an enormous funnel cloud. It formed and touched down near interstate 165 in mobile. David and whitney sarasino were driving to see their family for christmas and realized they were headed right into the tornado. Well, the first thing was i had asked my wife it to pick up the camera and start getting some footage of it, because i know that the local news stations and everything were want wanting to see what was going on. At that point we just kind of drove as fast as we possibly could get ....

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CNNW CNN Newsroom December 25, 2012

Westbound interstate 40 was temporarily shut down for two miles in a suburb of Oklahoma City this morning. They say freezing rain is probably to blame for a Chain Reaction crash involving 20 vehicles. You see it there. Including three big rigs. Alexandra steele is the storm. Take a look at this. Severe weather is just beginning to ramp up today. Were looking at a whole day with Severe Weather. Tornado watches you can see. Look at this. I10 right along the gulf coast, houston to new orleans. And this is just really the beginning of it. Were looking at incredibly Severe Weather. Tornado watches and tornado warnings. Tornado warnings meaning these storms have produced rotation and have been detected. You can see right there. So right now its eastern texas moving into lo ....

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CNNW CNN Newsroom December 26, 2012

Thank you, suzanne. Im Victor Blackwell in for Brooke Baldwin. Thank you for being with us today. The president is pulling the plug on his trip to hawaii to tend to urgent matters in washington. With tax hikes looming in less than a week, hes scheduled to return to the white house tomorrow, just as a Deadlocked Congress reconvenes days ahead of the socalled fiscal cliff. Youre just six days from feeling this. Now, first hit is coming on january 1st when your take home pay will drop by 2 because of a scheduled hike in the Social Security payroll tax. Thats just the start. Income taxes are set to climb too. And youll notice that when employer gets to around the adjusted withholding, the Government Spendi ....

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