GOP offers 2.2 trillion fiscal cliff counter to Obama
House Republicans propose a 2.2 trillion plan to raise revenue by 800 billion through closing loopholes while not raising tax rates. It would raise the eligibility age for Medicare and slow Social Security cost of living increases, keeping Bush era tax cuts for the wealthy for now. The White House says the offer lacks details and demands higher rates for top earners in any deal.
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U.S. weighs options over Syria chemical weapons use
White House and allies study military options to secure Syria's chemical and biological stockpiles after intelligence suggests Assad may consider using them. Obama warned of consequences, while Clinton cited planning actions. Options include aerial strikes or limited raids, with U.S. forces not yet deployed but special operations training teams in Jordan.
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Teachers Call For Tough Exams To Enter Profession
The American Federation of Teachers urged a stringent written exam for teachers and higher entry standards for teacher training programs, proposing the National Board for Professional Teaching Standards develop the new test. The NBCT program would be expanded as part of elevating teaching.
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Markets End Monday Mixed With Dow Up
Wall Street closed Monday with the Dow gaining 59.98 points to 12,965.60 while the Nasdaq fell 8.04 to 4,002.20. The S&P 500 rose 6.12 to 1,409.46 as Treasury yields edged up to 2.81 percent. Commodities moved with corn up 2 cents to 7.55, soybeans up 15 cents to 14.54, wheat down 4.75 to 8.93, oil up 0.18 to 89.09, gold up 8.40 to 1,721.10, silver up 0.48 to 33.76, and platinum at 1,613.80.
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Early flu season starts with bad outlook says CDC
The CDC warns the U S may face a severe flu season as suspected cases rise across Alabama Louisiana Mississippi Tennessee and Texas The dominant strain could sickens more and mortality may rise though vaccination rates are up with about 112 million Americans vaccinated and flu shots advised for everyone six months and older
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Regionwide economy weakens in nine-state survey
The Mid-America Business Conditions index fell to 48 in November, signaling likely contraction in 3 to 6 months amid weakness in nondurable goods like food and ethanol. Creighton economist Ernie Goss cited global economy worries and regional disparities with Iowa North Dakota and Oklahoma outperforming others.
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