WASHINGTON (AP/CNN) - Congress won't meet the Monday midnight deadline on voting to avert the so-called "fiscal cliff," despite a deal having been reached.
Monday night, an AP source said that the White House and congressional Republicans had come to an agreement that would avert the cliff.
But House leaders had already announced Monday afternoon that they did not intend to vote on any fiscal cliff legislation before the deadline.
If the vote happens after midnight Monday, the nation will have technically gone over the cliff.
Pres. Barack Obama said earlier in the day that an agreement to avert some of the automatic tax increases and spending cuts appeared to be "within sight," CNN reported, and Senate Minority Leader Mitch McConnell said a deal was "very, very close."
It wasn't until Monday night around 9 p.m. that a deal was hammered out.
There will be little practical difference in settling the issue Monday versus Tuesday, sources told CNN. One exception: If lawmakers approve a bill on Tuesday -- after tax rates have technically gone up -- they can argue they've voted for a tax cut to bring rates back down, GOP sources said.
Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Shaun Cassidy faces a judge today to find out if a bond will be issued for him. He was arrested Friday night on multiple charges of sodomy and enticing a child.
Phones were ringing off the hook at a local travel agency, Monday, December 9, when FOX10 stopped by. Auburn fans began contacting Springdale Travel Saturday night for the Tigers next game, the BCS National Championship game.
Lar Nimit and Natjira Khieokham from Bangkok Thai are in the Studio10 kitchen today making a Turkey Tom Yum soup. They are also holding a special meditation event at the restaurant. It is aimed at reducing holiday stress.
According to authorities, a man suspected of firing a shot that missed a 6-year-old and 8-year-old sitting in the backseat of a car Saturday, November 30, has been arrested.
In a move intended to persuade Creola residents not to annex into Saraland, the Satsuma City School board considers offering free tuition.
Temps Continue Their Roller Coaster with a Big Cool Down Arriving Later Today....