Senate Approves 'Fiscal Cliff' Deal, Sends to House













Two hours after a midnight deadline for action, the Senate passed legislation early New Year's Day to avert the so-called fiscal cliff with an overwhelming vote of 89-8.


Senate passage set the stage for a final showdown in the House, where a vote could come as early as today.


"While neither Democrats nor Republicans got everything they wanted, this agreement is the right thing to do for our country and the House should pass it without delay," President Obama said in a statement shortly after the vote.


"There's more work to do to reduce our deficits, and I'm willing to do it. But tonight's agreement ensures that, going forward, we will continue to reduce the deficit through a combination of new spending cuts and new revenues from the wealthiest Americans."


The bill extends Bush-era tax cuts permanently for individuals making less than $400,000 per year and couples making less than $450,000 but allows the top marginal tax rate on incomes above those levels to rise to 39.6 percent.


Capital gains taxes would rise to 20 percent from 15 percent.


The measure would raise the estate tax from 35 to 40 percent for estates larger than $5 million, prevent the alternative minimum tax from hammering millions of middle-class workers and extend unemployment benefits for one year.








'Fiscal Cliff': Lawmakers Scramble for Last-Minute Deal Watch Video









Lawmakers also decided at the last minute to use the measure to prevent a $900 pay raise for each member of Congress due to take effect this spring.


The steep "sequester" budget cuts scheduled to go into effect with the New Year -- a $1.2 trillion hit to defense and domestic programs -- would be postponed for two months.


"I've said all along our most important priority is protecting middle-class Americans, this legislation does that," Senate Majority Leader Harry Reid, D-Nev., said early this morning prior to the vote.


The deal at hand does little to address the nation's long-term debt woes, however, and does not entirely solve the problem of the "fiscal cliff."


Indeed, the last-minute compromise -- far short from a so-called grand bargain on deficit reduction -- could set up a new showdown on the same spending cuts in two months amplified by a brewing fight on how to raise the debt ceiling beyond $16.4 trillion. That new fiscal battle has the potential to eclipse the "fiscal cliff" in short order.


Reid said he is "disappointed" they were unable to achieve a broader deal but that the compromise was necessary.


"We tried," he said. "If we did nothing, the threat of a recession is very real."


Speaking after Reid, Senate Minority Leader Mitch McConnell, R-Ky., called the deal an "imperfect solution" and noted this should not be the model on how things get done in the Senate.


McConnell also thanked Vice President Joe Biden, who visited Capitol Hill late Monday night and brokered the deal with Senate Republicans.


The measure must now move to the Republican-led House.


Five Senate Republicans and three Democrats voted against the plan, but the large margin of passage was seen as boosting the bill's prospects in the House, even though fiscal conservatives were poised to vehemently oppose the deal when it comes to the floor for a vote.


House Speaker John Boehner of Ohio said the House would not vote on any Senate-passed measure "until House members, and the American people, have been able to review" it.






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India's cash-to-the-poor welfare reform starts






NEW DELHI: India's government is to roll out on Tuesday the first phase of its hugely ambitious plans to hand out cash to welfare claimants in what it considers a "game-changer" policy 18 months ahead of elections.

Finance Minister P Chidambaram, speaking before the start of the direct cash transfers on January 1, said 20 out of India's 629 districts would change over to the new system with a further 23 to follow in February and March.

In all, money for 23 separate welfare schemes -- mostly education funds which were previously disbursed to third parties by the central government -- will now be paid into the bank accounts of an estimated 200,000 beneficiaries.

"This is a game-changer for governance... this is a game-changer in how we account for money, it is game-changer in how the benefits reach the individual," Chidambaram told a press conference on Monday.

For example, scholarships for higher education for low-caste students which were previously paid to a university would instead be transferred directly to the individual who would then pay for his or her studies.

The advantage is that the government can confirm the money has reached the intended claimant, without them having to pay bribes to secure their due or officials diverting the funds for other purposes.

Critics counter that the government has been too quick in pushing forward a pet project and is bound to face enormous implementation problems because of the complex technology and public administration required.

Chidambaram said that there was no intention at this stage to start handing out cash in place of subsidised food, fuel and fertiliser -- three key benefits for the poor included in India's US$61-billion annual welfare budget.

"There will be glitches. There will be a problem here or a problem there. These will be overcome by our people standing out in the districts," added Chidambaram, who said the cash scheme would be rolled out nation-wide.

Mexico and Brazil are considered the world leaders in cash welfare schemes, using their Progresa/Oportunidades and Bolsa Familia programmes respectively to target the poor.

- AFP/xq



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Prayers for Ajmal Kasab at mosque: Police launch probe

KOCHI: Police have launched an investigation into the offering of prayers at a mosque here for Ajmal Kasab, who was hanged for carrying out the Mumbai terror attack in 2008.

The prayers were reportedly offered by an imam on November 23 after the Friday namaz at the mosque at nearby Trikkakara. After the namaz, prayers were offered for departed souls and the priest had reportedly included the name of Kasab.

When the incident leaked out, police began a probe and questioned the mosque's authorities and those who had participated in the prayers.

The managing committee of the mosque removed the imam from the post after learning about the incident, committee sources said.

Investigation is on, police said. Kasab was hanged in Yerawada jail in Pune on November 21.

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How to Banish That New Year's Eve Hangover


For those of us who enjoy the occasional cocktail, the holiday season would be incomplete without certain treats of the liquid variety. Some look forward to the creamy charms of rum-laced eggnog; others anticipate cupfuls of high-octane punch or mugs of warm, spiced wine.

No matter what's in your glass, raising one as the year winds down is tradition. What could be more festive? The problem is, one drink leads to two, then the party gets going and a third is generously poured. Soon, the music fades and the morning arrives—and with it, the dreaded hangover. (Explore a human-body interactive.)

Whether it's a pounding headache, a queasy stomach, sweating, or just general misery, the damage has been done. So now it's time to remedy the situation. What's the quickest way to banish the pain? It depends who you ask.

Doctors typically recommend water for hydration and ibuprofen to reduce inflammation. Taking B vitamins is also good, according to anesthesiologist Jason Burke, because they help the body metabolize alcohol and produce energy.

Burke should know a thing or two about veisalgia, the medical term for hangover. At his Las Vegas clinic Hangover Heaven, Burke treats thousands of people suffering from the effects of drinking to excess with hydrating fluids and medications approved by the U.S. Food and Drug Administration.

"No two hangovers are the same," he said, adding that the unfavorable condition costs society billions of dollars-mostly from lost productivity and people taking sick days from work.

Hot Peppers for Hangovers?

So what's the advice from the nonmedical community? Suggestions range from greasy breakfasts to vanilla milkshakes to spending time in a steamy sauna. A friend insists hot peppers are the only way to combat a hangover's wrath. Another swears by the palliative effects of a bloody mary. In fact, many people just have another drink, following the old "hair of the dog that bit you" strategy.

Whether such "cures" actually get rid of a hangover is debatable, but one thing's for sure: the sorry state is universal. The only people immune to hangovers are the ones who avoid alcohol altogether.

So for those who do indulge, even if it's just once in awhile, see our interactive featuring cures from around the world (also above). As New Year's Eve looms with its attendant excuse to imbibe, perhaps it would be wise to stock your refrigerator with one of these antidotes. Pickled herring, anyone?


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Deal or No Deal, 'Cliff' Debate Will Linger Into 2013


Dec 31, 2012 6:00am







ap obama cliff lt 121229 wblog Deal or No Deal, Washington Debacle Will Linger Into New Year

AP Photo/ Evan Vucci


Analysis


The fiscal cliff is just the beginning.


Regardless of whether Democrats and Republicans reach some kind of last-minute bargain to avoid the worst effects of tax hikes and spending cuts, the disaster that has been the fiscal cliff negotiations has broad implications for the Washington agenda in 2013 and beyond.


The tone has been set for the new year, and possibly for the rest of President Obama’s time in office: Washington’s divisions are the only point that matters anymore. Call if dysfunction or call it just plain broken, just don’t call it capable of even small legislative moves that involve compromise.


Hopes of a grand bargain on fiscal policy, involving entitlement spending, tax rates, and the debt ceiling, disappeared weeks ago. All that’s left are fading possibilities involving the delaying portions of tax increases and restoring some planned cuts.


Those are moves that actually make the deficit outlook worse. More saliently, they should be the politically easy things to get done, yet Congress is paralyzed and the president appears powerless to do anything meaningful to prod action.


The other items Obama ticked through this weekend as part of his second-term agenda – immigration reform, energy and environmental policy, infrastructure investments, gun control – look like dreams in this environment.


The causes are manifold, and the blame doesn’t have to be equally distributed for the ramifications to be real. The fact is that Republicans – who will control at least one house of Congress for at least half of the president’s second term – do not now and may not ever see sufficient political benefit to offer the types of concessions Democrats are insisting on.


If an election couldn’t change that, there’s precious little left that can. Name the issue and it’s all too easy to see similar dynamics derailing meaningful reform.


Washington is now broken beyond the point where bold individual leadership can even fix it. The forces at play are bigger than the ability of the president, House Speaker John Boehner, or any other person or persons to turn them around without the certain promise of a revolt in the party ranks that would leave them out of effective power.


The cliff metaphor suggests a jump into a void, but at least one that has a bottom. Yet as the nation watches this slow-motion wreck, the depths of dysfunction have yet to be fully explored.



SHOWS: World News







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Scuffles erupt at Hong Kong pro-government march






HONG KONG: Scuffles broke out on Sunday as thousands marched in support of Hong Kong's scandal-plagued leader Leung Chun-ying, ahead of a mass pro-democracy rally planned for New Year's day.

Around 2,500 people took to the cold and windy streets waving Chinese flags and shouting slogans in favour of Leung, who faces possible impeachment proceedings over illegal alterations to his luxury home.

Leung was chosen to lead the city in March by a pro-Beijing election committee, promising to improve governance and uphold the rule of law in the former British colony of seven million people.

But in his first sixth months in power, Leung has seen his popularity ratings slide and faced a no-confidence vote in the city's legislature.

"We welcome people to support the government and to support the stability and prosperity of Hong Kong citizens," said Caring Hong Kong Power, the organisers of Sunday's march which began at the city's Victoria Park and ended at the government headquarters.

But scuffles erupted mid way between pro-Leung supporters and anti-government campaigners who arrived carrying colonial Hong Kong flags.

Some participants were also seen punching two reporters from a local television station, according to an AFP photographer.

"I am not comfortable with the increasing power of groups that create turmoil in Hong Kong," Stan Ngan, a 63-year-old retiree at the event told AFP, referring to increasingly vocal pro-democracy groups.

Pro-democracy campaigners plan to hold a rally on January 1 to demand the resignation of Leung and ask for universal suffrage, with organisers saying they hope to see 100,000 people at the rally.

Hong Kong returned to China in 1997 as a semi-autonomous territory with its own political and legal system.

Leung survived a vote of no confidence in the legislature earlier this month over illegal structures in his home, including a wooden trellis and a glass enclosure.

But he faces a planned impeachment motion scheduled for early January, with 27 pro-democracy lawmakers in the 70-member legislature saying they would support the motion.

- AFP



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Congress anti-rape draft bill proposes 30 years jail, chemical castration

NEW DELHI: Imprisonment of upto 30 years for rape convicts has been proposed by Congress in a draft bill for a tougher law to check crimes against women which could also include chemical castration in rare cases.

The final draft of the Congress' bill, which is to be submitted to Justice J S Verma-led Committee set up by the Centre in the wake of the horrific gang rape of the 23-year-old girl, who died yesterday, has not been readied yet, sources said today.

Some of the provisions of this tougher law includes imprisonment up to 30 years for rape convicts and setting up of fast track-courts to decide the cases within 3 months were discussed in the presence of Congress chief Sonia Gandhi on December 23 when she met a group of people protesting against the gang-rape incident a week earlier.

There is also a suggestion to re-define the Juvenile Act and lower their age.

One of the accused in the rape case is a juvenile and aged a few months less than 18 years. A view has been expressed by a section that only those below 15 years should be described as juvenile.

Sonia Gandhi-led National Advisory Council, which has framed and helped frame many landmark legislations like RTI is likely to be involved in the whole exercise.

Sources said the Women and Child Development Ministry, headed by Krishna Tirath, held a marathon meeting with stakeholders on this issue on Friday during which several suggestions have been made.

The ministry will prepare a summary of suggestions received and will submit it to the Justice Verma-headed three-member committee set up to review existing laws and make recommendations for changes in them to effectively check crimes against women.

"There is no government draft till now. The summary that we submit to J S Verma Committee will be the first written document on which the new law will be based," sources told.

At the meeting with the protestors at her 10 Janpath residence, Gandhi had favoured fast track courts for trying rape cases with a 90-day cap while party spokesperson Renuka Chowhdary made a strong pitch for chemical castration to rape convicts. Chowdhary such a punishment is already in vogue in various countries and that it had a deterrent effect, sources said. PTI

Read More..

How to Banish That New Year's Eve Hangover


For those of us who enjoy the occasional cocktail, the holiday season would be incomplete without certain treats of the liquid variety. Some look forward to the creamy charms of rum-laced eggnog; others anticipate cupfuls of high-octane punch or mugs of warm, spiced wine.

No matter what's in your glass, raising one as the year winds down is tradition. What could be more festive? The problem is, one drink leads to two, then the party gets going and a third is generously poured. Soon, the music fades and the morning arrives—and with it, the dreaded hangover. (Explore a human-body interactive.)

Whether it's a pounding headache, a queasy stomach, sweating, or just general misery, the damage has been done. So now it's time to remedy the situation. What's the quickest way to banish the pain? It depends who you ask.

Doctors typically recommend water for hydration and ibuprofen to reduce inflammation. Taking B vitamins is also good, according to anesthesiologist Jason Burke, because they help the body metabolize alcohol and produce energy.

Burke should know a thing or two about veisalgia, the medical term for hangover. At his Las Vegas clinic Hangover Heaven, Burke treats thousands of people suffering from the effects of drinking to excess with hydrating fluids and medications approved by the U.S. Food and Drug Administration.

"No two hangovers are the same," he said, adding that the unfavorable condition costs society billions of dollars-mostly from lost productivity and people taking sick days from work.

Hot Peppers for Hangovers?

So what's the advice from the nonmedical community? Suggestions range from greasy breakfasts to vanilla milkshakes to spending time in a steamy sauna. A friend insists hot peppers are the only way to combat a hangover's wrath. Another swears by the palliative effects of a bloody mary. In fact, many people just have another drink, following the old "hair of the dog that bit you" strategy.

Whether such "cures" actually get rid of a hangover is debatable, but one thing's for sure: the sorry state is universal. The only people immune to hangovers are the ones who avoid alcohol altogether.

So for those who do indulge, even if it's just once in awhile, see our interactive featuring cures from around the world (also above). As New Year's Eve looms with its attendant excuse to imbibe, perhaps it would be wise to stock your refrigerator with one of these antidotes. Pickled herring, anyone?


Read More..

NYC Subway Pusher Held For Hate-Crime Murder













A woman who allegedly told New York City police she pushed a man onto the subway tracks because she hated Hindus and Muslims has been charged with murder as a hate crime.


Erica Menendez, 31, allegedly told police that she "pushed a Muslim off the train tracks because I hate Hindus and Muslims ever since 2001 when they put down the twin towers I've been beating them up."


Menendez was taken into custody this morning after a two-day search, and when detectives were interviewing her she allegedly made the statements implicating herself in Thursday night's subway-platform death.


"The defendant is accused of committing what is every subway commuter's worst nightmare -- being suddenly and senselessly pushed into the path of an oncoming train," Queen District Attorney Richard A. Brown said. "The victim was allegedly shoved from behind and had no chance to defend himself. Beyond that, the hateful remarks allegedly made by the defendant and which precipitated the defendant's actions can never be tolerated by a civilized society."


Menendez was due to be arraigned this evening. She could face 25 years to life in prison if convicted of the second degree murder charge.


On Thursday night, a woman shoved a man from a subway platform at Queens Boulevard, and the man was crushed beneath an oncoming train. Police had searched the area for her after the incident.










New York City Subway Pusher Charged With Murder Watch Video







The victim was Sunando Sen, identified by several media outlets as a graphic designer and Indian immigrant who opened a print shop, Amsterdam Copy, on Manhattan's Upper West Side. Sen was struck by the No. 7 train after the unidentified woman allegedly pushed him from the northbound platform at 40th Street and Queens Boulevard at 8:04 p.m. on Thursday.


Witnesses told police they had seen the woman mubling to herself, pacing along the platform. She gave Sen little time to react, witnesses said.


"Witnesses said she was walking back and forth on the platform, talking to herself, before taking a seat alone on a wooden bench near the north end of the platform. When the train pulled into the station, the suspect rose from the bench and pushed the man, who was standing with his back to her, onto the tracks into the path of the train," NYPD Deputy Commissioner Paul J. Browne said earlier today. "The victim appeared not to notice her, according to witnesses."


READ: What to Do If You Fall on the Subway Tracks


Police released brief surveillance video of the woman fleeing the subway station, and described the suspect as a woman in her 20s, "heavy set, approximately 5'5" with brown or blond hair."


It was New York's second death of this kind in less than a month. On Dec. 3, 58-year-old Ki-Suck Han of Queens was shoved onto the tracks at New York's Times Square subway station. Two days later, police took 30-year-old Naeem Davis into custody.


On Friday, New York City Mayor Michael Bloomberg was asked whether the attack might be related to the increase of mentally ill people on the streets following closures of institutions over the past four decades.


"The courts or the law have changed and said, no, you can't do that unless they're a danger to society. Our laws protect you," Bloomberg said on his weekly radio show.



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Agreement within reach on ‘fiscal cliff’ deal, officials say



The development marked a breakthrough after weeks of paralysis. After meeting with Obama at the White House, Senate Majority Leader Harry M. Reid (D-Nev.) and Minority Leader Mitch McConnell (R-Ky.) said they would work through the weekend in hopes of drafting a “fiscal cliff” package they could present to their colleagues on Sunday afternoon.


As the Senate began haggling over critical details, the emerging deal faced an uncertain fate in the House, where Speaker John A. Boehner (R-Ohio) failed just one week ago to persuade his adamantly anti-tax caucus to let taxes rise even for millionaires.

Still, on Friday, Obama pronounced himself “modestly optimistic” at a brief news conference at the White House. The ordinarily dour McConnell said he was “hopeful and optimistic.” And Reid immediately began preparing Senate Democrats for what could be a difficult vote.

“Whatever we come up with is going to be imperfect. Some people aren’t going to like it. Some people will like it less,” Reid said on the Senate floor before dozens of silent and attentive senators from both parties. But “we’re going to do the best we can for . . . the country that’s waiting for us to make a decision.”

According to people briefed on the talks, the developing package would protect nearly 30 million taxpayers from paying the alternative minimum tax for the first time and keep unemployment benefits flowing to 2 million people who otherwise would be cut off in January.

The deal also would likely halt a steep cut in Medicare reimbursements set to hit doctors in January and preserve popular tax breaks for both businesses and individuals, such as those for research and college tuition.

But the two sides were still at odds over a crucial issue: how to define the wealthy. Obama has proposed letting tax rates rise on income over $250,000 a year. Senate Republicans have in recent days expressed interest in a compromise that would lift that threshold to $400,000 a year, an offer Obama made to Boehner before the speaker abruptly broke off negotiations last week.

In addition to its political appeal, the $400,000 threshold has practical benefits, Republican aides said: It would limit tax increases to the very top tax bracket rather than the top two brackets. And it would avoid a quirk of the tax code that would cause rates to rise more dramatically for those earning between $250,000 and $400,000 than for households with much larger incomes.

The two sides also had yet to agree on another politically sensitive issue: how to tax inherited estates. Republicans — and many Senate Democrats from states with large family farms — want to maintain the current tax structure, which exempts estates worth up to $5 million and taxes those above that level at 35 percent. Obama has proposed a $3.5 million exemption and a tax rate of 45 percent, a proposal that is far more acceptable to liberal Democrats.

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