7:19am

Mon December 31, 2012
The Two-Way

Year Ends As It Began, With Lawmakers Headed Toward The 'Fiscal Cliff'

Originally published on Mon December 31, 2012 2:05 pm

The U.S. Capitol. Will lawmakers avoid the "fiscal cliff" or go over?
Larry Downing Reuters /Landov
  • From 'Morning Edition': Scott Horsley reports
  • From 'Morning Edition': David Welna reports

(Scroll down for updates.)

Well, here we are. It's New Year's Eve and with just hours to go before the end of the year and the arrival of the so-called fiscal cliff, Democrats and Republicans in Washington are still trying to strike a deal that heads off automatic increases in taxes, automatic deep spending cuts in a variety of programs and the automatic expiration of some jobless benefits.

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7:03am

Mon December 31, 2012
PG-13: Risky Reads

A Dangerous World of Hackers And Ninjas

Originally published on Mon December 31, 2012 1:29 pm

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Nick Harkaway is the author of Angelmaker.

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5:49am

Mon December 31, 2012
Research News

Why Charities Need To Consider Donors' Politics

As American make contributions to various charities at the end of the year, there is increasing evidence that politics is playing a role in their decisions. Research suggests that the way the charity presses certain ideological buttons predicts whether liberals or conservatives will pony up a donation.

5:48am

Mon December 31, 2012
Business

Best Car Deals To Be Found This Time Of Year

Transcript

STEVE INSKEEP, HOST:

We are in a great season to buy a car. Automakers and dealers are offering lots of incentives. And those incentives are just one of the factors in what may end up as the best year for the auto industry since 2007, before the height of the financial crisis. So why has it been a good year? Well, when millions of people hold off on their car purchases for years, that pent up demand, along with cheap credit, will eventually drive stronger sales.

Here's NPR's Sonari Glinton.

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5:46am

Mon December 31, 2012
Economy

Hours Left To 'Fiscal Cliff' Deadline

Originally published on Mon December 31, 2012 6:43 am

Transcript

STEVE INSKEEP, HOST:

On the final day of the year, it's MORNING EDITION from NPR News. I'm Steve Inskeep.

DAVID GREENE, HOST:

And I'm David Greene.

We still do not know if taxes will be going up as the ball in New York City's Times Square goes down.

INSKEEP: Congressional negotiators are still discussing ways at the White House to avoid the higher tax rates and spending cuts due to take effect after midnight tonight.

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5:46am

Mon December 31, 2012
Around the Nation

Secretary Clinton Hospitalized With Blood Clot

Originally published on Mon December 31, 2012 6:51 am

Transcript

DAVID GREENE, HOST:

And let's turn to some other developments we're following very closely. Secretary of State Hillary Clinton is in a New York City hospital this morning. She is being treated for a blood clot. Now, a State Department spokesman said this stems from a concussion Clinton sustained earlier this month. The blood clot was discovered during a follow-up exam yesterday.

We're joined in the studio by two of our colleagues, NPR foreign affairs correspondent Jackie Northam and NPR science editor Rob Stein. Good morning to both of you.

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4:15am

Mon December 31, 2012
Economy

Europe Fails To Stimulate Growth In 2012

Originally published on Mon December 31, 2012 12:52 pm

The U.S. economy grew at a steady though not very strong pace this year. But Europe slipped back into recession because of the ongoing debt crisis. European leaders took steps to stimulate growth, but it wasn't enough to reverse course.

The economic crisis that got under way five years ago was felt all over the world. But Mohammed El-Erian, CEO of the investment firm PIMCO, says different regions have healed at much different rates.

The year "2012 was another multispeed world globally, in the sense that different parts did different things," he says.

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3:33am

Mon December 31, 2012
Politics

After Fruitless Weekend, Congress Still Seeks Fiscal Deal

Originally published on Mon December 31, 2012 5:46 am

Senate Minority Leader Mitch McConnell, R-KY, leaves the Senate chamber to caucus in the Capitol on Sunday.
Molly Riley AFP/Getty Images

It is almost unimaginable that both the House and Senate would be in session on a Sunday evening on the penultimate day of the year. And yet, they both were, with lawmakers hoping it was not merely a big waste of time and effort.

A bipartisan push by Senate leaders over the weekend has so far failed to forge a deal to spare American wage earners from tax hikes and shield government programs from drastic cutbacks.

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3:32am

Mon December 31, 2012
Planet Money

The Fiscal Cliff: A Love Story

Originally published on Mon December 31, 2012 5:46 am

America, if you're scared by all the talk you've been hearing about the fiscal cliff, take heart: There are reasons for people across the political spectrum to love the cliff.

There's a lot for liberals to like in the fiscal cliff, says Matthew Yglesias, who writes wonky articles about economics for Slate.

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3:31am

Mon December 31, 2012
Books

Listen Up! Audiobooks For Every Taste

Originally published on Mon December 31, 2012 5:46 am

iStockphoto.com
  • Hear an excerpt of 'Thomas Jefferson: The Art of Power'

If you're feeling overwhelmed by the holiday rush — too swamped, even, to spend an afternoon reading those books you got for Christmas, we have some recommendations for you — but these are audiobooks, so you can listen while you multitask.

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