The president and House Republicans continued to snipe at each other Wednesday over the impending set of automatic tax hikes and spending cuts known as the fiscal cliff. They traded accusations and blame during another day with plenty of talk, but — until late in the day, at least — no negotiations.
Billions in damages and not enough in the bank account — that's where federal officials find themselves in the aftermath of Hurricane Sandy.
The White House says it will send an emergency funding request to Capitol Hill this week — expected to be $50 billion to $60 billion. Top administrators told Congress on Wednesday that they want at least some of that money to go toward preventing the kind of devastation caused by Sandy and other recent storms.
In her series for The New York Times, reporter Louise Story says that the manufacturing sector — automakers, in particular — benefit the most from incentive packages.
Credit The New York Times
Louise Story is an investigative journalist for The New York Times, specializing in business reporting. In 2009 she was a finalist for the Pulitzer Prize in Public Service for her reporting on the financial crisis of 2008.
In her new series for TheNew York Times called "The United States of Subsidies," investigative reporter Louise Story examines how states, counties and cities are giving up more than $80 billion each year in tax breaks and other financial incentives to lure companies or persuade them to stay put.
Lyndon Johnson, then the vice president-elect, with a prize-winning Hereford bull on his ranch near Johnson City, Texas, in 1960. Linguists say the twang that has long been synonymous with Texans is fading.
Originally published on Wed December 5, 2012 3:57 pm
If there is one decision football fans have argued over intensely over the past few months is whether embattled Jets' quarterback Mark Sanchez should be allowed to start another game.
During his previous outing, Rex Ryan, the team's coach, pulled him late in the third quarter, after the home crowd booed him mercilessly after a disasterous performance in which he completed 10 of 21 passes for 97 yards.
Originally published on Thu December 6, 2012 8:44 am
"The night is nowhere as dark as we might think."
That's the word from Mitch Goldberg, program scientist for the National Oceanic and Atmospheric Association's Joint Polar Satellite System. Together with NASA, scientists have unveiled a new composite, cloud-free image of our planet at night.