Egyptians back new constitution in referendum


CAIRO (Reuters) - An Islamist-backed Egyptian constitution won approval in a referendum, rival camps said on Sunday, after a vote the opposition said would sow deep social divisions in the Arab world's most populous nation.


The Islamist Muslim Brotherhood, which propelled President Mohamed Mursi to power in a June election, said an unofficial tally showed 64 percent of voters backed the charter after two rounds of voting that ended with a final ballot on Saturday.


An opposition official also told Reuters their unofficial count showed the result was a "yes" vote, while party spokesmen said there had been a series of abuses during the voting.


The main opposition coalition, the National Salvation Front, responded to the defeat by saying it was moving towards forming a single political party to challenge the Islamists who have dominated the ballot box since strongman Hosni Mubarak was overthrown two years ago.


Members of the opposition, taking heart from a low turnout of about 30 percent of voters, pledged to keep up pressure on Mursi through peaceful protests and other democratic means.


"The referendum is not the end of the road," said Khaled Dawoud, a spokesman for the National Salvation Front. "It is only the beginning of a long struggle for Egypt's future."


The referendum committee may not declare official results for the two rounds until Monday, after hearing appeals. If the outcome is confirmed, a parliamentary election will follow in about two months.


Mursi's Islamist backers say the constitution is vital for the transition to democracy, nearly two years after Mubarak was ousted in a popular uprising. It will provide the stability needed to help a fragile economy, they say.


The constitution was "a historic opportunity to unite all national powers on the basis of mutual respect and honest dialogue for the sake of stabilizing the nation," the Brotherhood said in a statement.


RECIPE FOR UNREST


The opposition accuses Mursi of pushing through a text that favors Islamists and ignores the rights of Christians, who make up about 10 percent of the population, as well as women. They say it is a recipe for further unrest.


The opposition said voting in both rounds was marred by abuses. However, an official said the overall vote favored the charter.


"The majority is not big and the minority is not small," liberal politician Amr Hamzawy said, adding that the National Salvation Front would use "all peaceful, democratic means" such as protests to challenge the constitution.


The vote was split over two days as many judges had refused to supervise the ballot, making a single day of voting impossible.


During the build-up to the vote there were deadly protests, sparked by Mursi's decision to award himself extra powers in a November 22 decree and then to fast-track the constitutional vote.


The new basic law sets a limit of two four-year presidential terms. It says the principles of sharia, Islamic law, remain the main source of legislation but adds an article to explain this. It also says Islamic authorities will be consulted on sharia - a source of concern to Christians and others.


ABUSES


Rights groups reported what they said were illegalities in voting procedures. They said some polling stations opened late, that Islamists illegally campaigned at some polling places, and complained of irregularities in voter registration.


But the committee overseeing the two-stage vote said its investigations showed no major irregularities in voting on December 15, which covered about half of Egypt's 51 million voters. About 25 million were eligible to vote in the second round.


The Brotherhood said turnout was about a third of voters.


The opposition says the constitution will stir up more trouble on the streets since it has not received sufficiently broad backing for a document that should be agreed by consensus, and raised questions about the fairness of the vote.


In the first round, the district covering most of Cairo voted "no," which opponents said showed the depth of division.


"I see more unrest," said Ahmed Said, head of the liberal Free Egyptians Party and a member of the opposition Front.


He cited "serious violations" on the first day of voting, and said anger against Mursi was growing. "People are not going to accept the way they are dealing with the situation."


At least eight people were killed in protests outside the presidential palace in Cairo this month. Islamists and rivals clashed in Alexandria, the second-biggest city, on the eves of both voting days.


(Writing by Edmund Blair and Giles Elgood; editing by Philippa Fletcher)



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New Japan govt hints at joining Pacific trade pact






TOKYO: Japan's new government led by incoming prime minister Shinzo Abe has suggested it may join a US-backed Pacific-wide free trade deal, a report said on Monday.

Tokyo has previously shown interest in joining the Trans-Pacific Partnership (TPP) but remained non-committal in the face of fierce opposition from its cosseted farming industry.

Participation by the world's third largest economy would give a shot in the arm to a pact seen as a key plank of US President Barack Obama's pivot to Asia, and a counterbalance to China's rising regional clout.

Referring to the possibility of joining the TPP, Abe's Liberal Democratic Party (LDP) and its junior coalition partner New Komeito "will pursue the best path that would serve Japan's national interest", they said in their final coalition agreement, the Asahi Shimbun daily reported.

The coalition, that is due to take office officially on Wednesday, also agreed on promoting other free trade frameworks, it said.

The comment contains a more positive note on participation in the TPP compared with the LDP and New Komeito's election pledges before the December 16 poll that brought Abe a landslide parliamentary victory.

In an apparent move to garner farmers' votes, the LDP had said during the election campaign it "opposes participation as long as joining the pact requires preconditions of abolishing tariffs without exception".

New Komeito had also shown a cautious stance on early participation in the trade pact.

The day after Abe's poll victory, Japan's major business lobby Keidanren (Japan Business Federation) urged Abe to join the trade talks "at an early date".

"We urge the new government to participate in the negotiations of the TPP at an early date, as we have no time to waste on the issue," Keidanren chairman Hiromasa Yonekura said in a statement.

Business lobbies say Japan's export-oriented economy is a major beneficiary of the promotion of a global multilateral free-trade system.

- AFP/al



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Love low-fi? 3D-print your own vinyl records




I can't bear to part with my record collection. It's got gems like Steely Dan's "The Royal Scam" that sound better on a turntable and amplifier than on MP3.


Maybe analog sound can feel better because we're analog creatures. Whatever the reason, vinyl's recent popularity has led to events like Record Store Day and DIY projects like Amanda Ghassaei's 3D-printed records.


An editorial staffer at Instructables.com, Ghassaei managed to lay down digital audio files on 3D-printed 33 rpm records that she played on a standard turntable.


The results, as heard in the video below, sound about as clear as phonograph cylinders from the 1880s. The audio output has a sampling rate of 11kHz and 5- to 6-bit resolution, but tunes like Nirvana's "Smells Like Teen Spirit" are easily recognizable.





Ghassaei went to TechShop in San Francisco and created the records on a large-scale Objet Connex500 printer, which has a particularly high 600dpi X and Y resolution and a print layer accuracy of 16 microns.


It produced records with grooves that are wider and deeper than factory-made vinyls, so each side can only fit five or six minutes of sound. Check out a video of Ghassaei removing the white resin records from the printer, pizza-style, and scraping off the residue here.


She notes that her 3D-printed copy of Daft Punk's "Around the World" had such a heavy bass sound that it threw the needle off and forced her to revise the conversion algorithm. Meanwhile, you can download her other printed songs like New Order's "Blue Monday" here.


"The Objet still at least an order of magnitude or two away from the resolution of a real vinyl record," Ghassaei writes. "My hope with this project was that despite the lack of vinyl-quality precision, I would still be able to produce something recognizable by approximating the groove shape as accurately as possible with the tools I had."


Her homespun records are only prototypes and who knows how good they'll get. Could this lead to a DIY K-tel?




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Sen. Michael Crapo arrested on DUI in Virginia

Sen. Michael Crapo, R.-Idaho, was arrested in Virginia early Sunday morning and charged with driving under the influence, Alexandria police say.

Police spokesman Craig T. Fifer said an officer was on routine patrol when he saw Sen. Crapo's vehicle run a red light. It was stopped at Hume Avenue and Mount Vernon at 12:45 a.m.

Crapo then underwent several field sobriety tests, which he failed, Fifer said in a statement. He was then taken into custody without incident.

Police took the senator to the Alexandria jail and he was released on $1,000 bond at about 5 a.m., Crapo's office said. He has a January 4 court date.

"I am deeply sorry for the actions that resulted in this circumstance," Crapo said Sunday night. "I made a mistake for which I apologize to my family, my Idaho constituents and any others who have put their trust in me. I accept total responsibility and will deal with whatever penalty comes my way in this matter. I will also undertake measures to ensure that this circumstance is never repeated."

Crapo is one of four Republicans in the self-named "Gang of Eight" -- a bipartisan group of senators who came together to work on a budget deal to avoid the upcoming "fiscal cliff."

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Get 'em While You Can? Gun Sales Soar













The National Rifle Association may still get its way and defeat the lawmakers calling for a ban on the sale of assault ridles, but some gun store owners say it seems their customers aren't taking any chances.


"We have never seen anything like this," said Larry Hyatt, who owns a gun shop in Charlotte, N.C. "We have the Christmas business, the hunting season business, and now we have the political business.


"We have seen a lot of things, but we have never seen anything like this, this is probably four times bigger than the last time we saw a big rush," he said.


Some of the customers in his store said it is the talk of stricter gun control in the wake of the shooting at the Sandy Hook Elementary School in Newtown, Conn., that is driving the rush.


"The way they are trying to approach it, they are just making people who have never thought about buying a gun, now they want to come in here and buy a gun," one customer said.


At NOVA Firearms in Falls Church, Va., there have been "skyrocketing" sales following the Newtown shooting, chief firearms instructor Chuck Nesby said.


"They've been off the charts. Absolutely skyrocketing," Nesby said. "If I could give an award to President Obama and Senator Feinstein would be sales persons of the year."


He was referring to Sen. Dianne Feinstein, D-Calif., who said she will introduce an assault weapons ban in January.


Sales are up 400 percent, he said.


"We're completely out of the so-called assault weapons, semi automatic firearms that are rifles," Nesby said. "Forty percent of those sales went to women and senior citizens. We can't get them now. Everybody, nationwide is out of them the sales have just been off the charts nationwide."










National Rifle Association News Conference Interrupted by Protesters Watch Video







The horrific shooting, when 20-year-old Adam Lanza broke in to the elementary school and killed 20 children and six adults with a semi-automatic rifle, has even some former NRA supporters saying it's time to change the rules on assault weapons.


Those guns were banned from 1994 until 2004, when the ban expired and was not renewed.


Now it's not just lawmakers who have traditionally advocated stricter gun control talking about the need to act.


Republican Sen. Kay Bailey Hutchison of Texas suggested today on CBS' "Face the Nation" that new regulation should be considered.


"We ought to be looking at where the real danger is, like those large clips, I think that does need to be looked at," Hutchison said. "It's the semi-automatics and those large magazines that can be fired off very quickly. You do have to pull the trigger each time, but it's very quick."


Virginia Sen. Mark Warner, a Democrat but a long-time opponent of gun control who like Hutchison has received an A rating from the NRA, has also come out in support of strengthening gun laws.


NRA chief Wayne LaPierre said Friday that more gun control is not the way to stop such shooting from happening again: the answer is more guns, in the form of armed guards in every school.


After being criticized for two days for the proposal, LaPierre today stuck by his guns.


"If it's crazy to call for putting police and armed security in our schools to protect our children, then call me crazy," he said on NBC's "Meet the Press."


"When that horrible monster tried to shoot his way into Sandy Hook school, that if a good guy with a gun had been there, he might have been able to stop [it]," LaPierre said.


LaPierre and the NRA said that the media, the entertainment culture and lack of proper mental health care are to blame, not the proliferation of guns in the United States.


Asa Hutchinson, the former congressman who will lead the effort by the NRA to place armed security guards in schools across the country, said today on "This Week" that gun control efforts would not be part of the "ultimate solution" to gun violence.






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Egypt's constitution approved in vote, say rival camps


CAIRO (Reuters) - A constitution drafted by an Islamist-dominated assembly was approved by a majority of Egyptians in a referendum, rival camps said on Sunday, after a vote the opposition said drove a wedge through the Arab world's most populous nation.


The Muslim Brotherhood, which propelled President Mohamed Mursi to power in a June election, said 64 percent of voters backed the charter after two rounds of voting that ended with a final ballot on Saturday. It cited an unofficial tally.


An opposition official also told Reuters their unofficial count showed the result was a "yes" vote.


The referendum committee may not declare official results for the two rounds until Monday, after hearing appeals. If the outcome is confirmed, a parliamentary election will follow in about two months.


Mursi's Islamist backers say the constitution is vital for the transition to democracy, nearly two years after the overthrow of autocrat Hosni Mubarak in an uprising. It will provide stability needed to help a fragile economy, they say.


But the opposition accuses Mursi of pushing through a text that favors Islamists and ignores the rights of Christians, who make up about 10 percent of the population, as well as women. They say it is a recipe for further unrest.


"According to our calculations, the final result of the second round is 71 percent voting 'yes' and the overall result (of the two rounds) is 63.8 percent," a Brotherhood official, who was in an operations room monitoring the vote, told Reuters.


His figures were confirmed by a statement issued shortly afterwards by the group and broadcast on its television channel.


The Brotherhood and its party, as well as members of the opposition, had representatives monitoring polling stations and the vote count across the country.


The opposition said voting in both rounds was marred by abuses and had called for a re-run after the first stage. However, an official said the overall vote favored the charter.


"They (Islamists) are ruling the country, running the vote and influencing the people, so what else could we expect," the senior official from the main opposition coalition, the National Salvation Front, told Reuters.


PROTESTS


The vote was split over two days as many judges had refused to supervise the ballot.


"I'm voting 'no' because Egypt can't be ruled by one faction," said Karim Nahas, 35, a stockbroker, heading to a polling station in Giza, in greater Cairo, in the last round.


At another polling station, some voters said they were more interested in ending Egypt's long period of political instability than in the Islamist aspects of the charter.


"We have to extend our hands to Mursi to help fix the country," said Hisham Kamal, an accountant.


The build-up to the vote witnessed deadly protests, sparked by Mursi's decision to award himself extra powers in a decree on November 22 and then to fast-track the constitution to a vote.


Hours before polls closed, Vice President Mahmoud Mekky announced his resignation. He said he wanted to quit last month but stayed on to help Mursi tackle the crisis that blew up when the Islamist leader assumed wide powers.


Mekky, a prominent judge who said he was uncomfortable in politics, disclosed earlier he had not been informed of Mursi's power grab. The timing of his resignation appeared linked to the lack of a vice-presidential post under the draft constitution.


The new basic law sets a limit of two four-year presidential terms. It says the principles of Islamist sharia law remain the main source of legislation but adds an article to explain this. It also says Islamic authorities will be consulted on sharia - a source of concern to Christians and others.


TURNOUT


Rights groups reported what they said were illegalities in voting procedures. They said some polling stations opened late, that Islamists illegally campaigned at some polling places and complained of irregularities in voter registration.


But the committee overseeing the two-stage vote said its investigations showed no major irregularities in voting on December 15, which covered about half of Egypt's 51 million voters. About 25 million were eligible to vote in the second round.


The Brotherhood said turnout was about a third of voters.


The opposition says the constitution will stir up more trouble on the streets since it has not received sufficiently broad backing for a document that should be agreed by consensus, and raised questions about the fairness of the vote.


In the first round, the district covering most of Cairo voted "no," which opponents said showed the depth of division.


"I see more unrest," said Ahmed Said, head of the liberal Free Egyptians Party and a member of the National Salvation Front, an opposition coalition formed after Mursi expanded his powers on November 22 and then pushed the constitution to a vote.


He cited "serious violations" on the first day of voting, and said anger against Mursi was growing. "People are not going to accept the way they are dealing with the situation."


At least eight people were killed in protests outside the presidential palace in Cairo this month. Islamists and rivals clashed in Alexandria, the second-biggest city, on the eves of both voting days.


Late on Saturday, Mursi announced the names of 90 new members he had appointed to the upper house of parliament, state media reported, and a presidential official said the list was mainly liberals and other non-Islamists.


A spokesman for the National Salvation Front, which groups opponents who include liberals, socialists and other parties and politicians, said the Front's members had refused to take part.


Legislative powers, now held by Mursi because the lower house of parliament was dissolved earlier this year, will pass to the upper house under the new constitution.


Two-thirds of the 270-member upper house was elected in a vote this year, with one third appointed by the president. Mursi, elected in June, had not named them until now. Mursi's Islamist party and its allies dominate the assembly.


(Writing by Edmund Blair and Giles Elgood; Editing by Mark Trevelyan and Todd Eastham)



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Euro survives 2012, further tests in store






BRUSSELS: The battered euro, written off as a dud many times during a crisis-wracked year, appears to have survived 2012, but 2013 could prove just as difficult if the economy continues to struggle.

It finished the year strongly after the 17 eurozone nations earlier this month nailed down a deal to supply long-delayed bailout funds to Greece to keep the country afloat, and the bloc intact.

Athens in turn delivered on its part of the bargain -- more stinging austerity, economic reforms and a tight budget -- all with the aim of cutting its massive debt burden to a more sustainable 124 percent of GDP by 2020.

Then progress towards tighter economic and fiscal coordination in the eurozone, and a key first step towards a shared bank supervision regime, rounded out the gains, leaving the Europe in much better shape than seemed likely at the beginning of the year.

"Many observers felt it was all over for Greece (and its) ... remaining in the eurozone. As year-end approaches, we know that these Casandras were wrong," EU Economics Commissioner Olli Rehn said.

For many months, all analysts could talk about was Greece's likely exit from the eurozone and what it would mean for the bloc's future.

Now, "the likelihood of a member state leaving the eurozone is gone," said Janis Emmanouilidis of the European Policy Centre (EPC) think-tank.

Reflecting the change, Standard and Poor's raised Greece's sovereign debt rating by a massive six notches because of what it termed the "strong determination of ... (eurozone) member states to preserve Greek membership."

Greek Finance Minister Yannis Stournaras said the decision "was a very important one that created a climate of optimism. But we know that the road is still long and hard, the hour is not one for easing up."

Analysts also highlighted agreement on the eurozone's Single Supervisory Mechanism (SSM) to regulate its banks, a first step in ring-fencing lenders who get into trouble and threaten financial disaster.

Perhaps the key breakthrough, giving purpose and backing to the other reforms, was a commitment by European Central Bank head Mario Draghi over the summer months to do anything necessary to save the euro.

In September, Draghi said the ECB would buy up the sovereign debt of any eurozone member state without limit, if that is what it took to keep the financial markets in check.

This pledge of 'Outright Monetary Transactions' meant markets' could no longer enjoy a one-way bet against a member state as the ECB could step in on its side.

The immediate result was a sharp easing in borrowing costs, especially for Spain and Italy which had been tipped to follow Greece, Ireland and Portugal in needing a bailout.

That change, backed up a 100 billion euros eurozone lifeline for its banks, allowed the Spanish government to hold the line.

By year-end, few were talking of Madrid as the next debt crisis casualty, with its banks also being stabilised at a much lower-than-expected cost of some 40 billion euros.

Some analysts said it was important not to get too carried away, however.

The outlook for the next two years "looks less unsettled and will be concerned above all with implementing the new supervisory regime and winding up mechanism for the banks," CM-CIC Securities analysts said in a note.

For Barclays, talks on closer integration in the eurozone could prove heated and even chaotic, with the emergence of deep differences running the risk of stoking fresh tensions on the markets.

Above all, the uncertainties for the coming year are political, with elections due in Italy and then Germany, while the situation in "Greece is still on a knife-edge," said Emmanouilidis at the EPC.

The economic outlook is also clouded, with the eurozone in recession and expected to slow further while unemployment runs at a record 11.7 percent, rising to unprecedented levels around 25 percent in Spain and Greece.

Against that background, German Chancellor Merkel's guarded words on the outlook seem appropriate.

"We have already achieved a lot but I think we still have a very difficult time ahead," Merkel said after the last EU leaders summit of the year earlier this month.

- AFP/ck



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First day tips and tweaks for new MacBook owners


As much as new MacBook owners love to rave about their systems, no laptop -- even one with an Apple logo -- comes right out of the box ready to perform optimally.


And while it's certainly exciting to unwrap a new holiday MacBook, there are a handful of tweaks, tips, and fixes you should check out on day one that will make your MacBook easier to use. I've put together some of my personal favorites here.

There are many more I could list, and I'm sure I've left out some of your favorites, so feel free to leave your own Day One tips for new MacBook owners in the comments section.


 
































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Your mobile devices could use a little holiday cheer as well. Take a look at this gathering of affordable accessories.





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Newtown parents reject NRA plan

NEWTOWN, Conn. When Adam Lanza started his lethal attack on Sandy Hook Elementary School, Andrei Nikitchyuk's eight year-old son and another third grader were on their way to the principal's office. It was their turn to bring the daily attendance sheet to the front office, near where principal Dawn Hochsprung and psychologist Mary Sherlach would become the first casualties inside the school.




Play Video


Gun control advocate speaks out on defiant NRA






Play Video


Mental illness and the gun control debate



"When they got close to the office, they heard the shots fired, my son saying that the bullets were flying by him," Nikitchyuk recalled in an interview with CBS News. "I don't think he saw the bullets, but probably he saw the hits in the wall next to them."

Within moments, second grade teacher Abbey Clements pulled the boys into her classroom, where she had already hidden 19 children behind a wall, and locked the door.

"She really is a hero, and we are indebted to her," Nikitchyuk said. "She saved those two kids."

Nikitchyuk's son, nicknamed Bear, is his third child to attend Sandy Hook Elementary, following the path of his two older sisters. As the whole suburban town of 28,000 residents continues to struggle with the shock and grief of the shooting spree that claimed the lives 20 first-graders, 6 adults, and the killer's mother, Nikitchyuk has channeled his emotions into action for greater gun control.

"I will do whatever is in my power to change the situation," he said. "What I don't understand is how the gun manufacturing lobby can argue with a tragedy like this. I don't know how they are looking in the faces of their children. I would like them to make personal statements that they will do whatever it takes to make sure that our children are safe. I want to tell Wall Street to not expect the same type profits of arms manufacturers like they had before."

Nikitchyuk, who immigrated from Russia 22 years ago, is a former Soviet military officer who was trained to fire the Russian-made AK-47 machine gun (sold in U.S. under the trade name Saiga). CBS News has reported that Adam Lanza had a Saiga shotgun in the trunk of the car he drove to the school - the only one of four guns he possessed that he did not bring inside.

"Why are we allowing sales of weapons as terrible as this in this country?" Nikitchyuk asked. "Can you tell me what sport could use such a weapon. If you want to use guns for hunting, that's one thing. You don't need an AK 47."




Play Video


A "good guy with a gun" in every school?



Lanza committed the 26 murders at the school with a .223 caliber Bushmaster semi-automatic rifle and emptied at least three 30-bullet magazines. He also carried a Sig Sauer 9mm pistol (the same model issued to Secret Service agents), and a Glock 10mm semi-automatic pistol (issued to park rangers to shot wild game), which he used to kill himself once police arrived on the scene.

"This is insanity," said Nikitchyuk. "We have an escalation of weapons in this country. This is a civilian country. Why do we give these kind of military-grade munitions in the hands of people that are as unstable as that person was?"

On Tuesday Nikitchyuk went public by attending a news conference at the Capitol, in Washington, along with many families victimized by other mass shootings, from Columbine High School in 1999 to the Aurora movie massacre this past summer. The event was organized by the Brady Center to Prevent Gun Violence.

Nikitchyuk later attended a White House meeting with Obama senior adviser Valerie Jarrett.





Play Video


Newtown police chief shares his story




"We know that the President is committed," he said.

Nikitchyuk appealed to pro-gun rights members of Congress to support the President's proposals to ban the sale of assault weapons and gun magazines that hold more than ten bullets, while expanding background checks to all guns buyers, including at gun shows.

"There is nothing wrong about changing your opinion when you have a really strong evidence. What can be stronger than what happened in Sandy Hook?" Nikitchyuk said. "As a country, we cannot move forward unless we change our gun laws."


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Obama, Congress Waving Bye-Bye Lower Taxes?













The first family arrived in the president's idyllic home state of Hawaii early today to celebrate the holidays, but President Obama, who along with Michelle will pay tribute Sunday to the late Sen. Daniel Inouye at the National Memorial Cemetery of the Pacific, could be returning home to Washington sooner than he expected.


That's because the President didn't get his Christmas wish: a deal with Congress on the looming fiscal cliff.


Members of Congress streamed out of the Capitol Friday night with no agreement to avert the fiscal cliff -- a massive package of mandatory tax increases and federal spending cuts triggered if no deal is worked out to cut the deficit. Congress is expected to be back in session by Thursday.


It's unclear when President Obama may return from Hawaii. His limited vacation time will not be without updates on continuing talks. Staff members for both sides are expected to exchange emails and phone calls over the next couple of days.


Meanwhile, Speaker of the House John Boehner is home in Ohio. He recorded the weekly GOP address before leaving Washington, stressing the president's role in the failure to reach an agreement on the cliff.


"What the president has offered so far simply won't do anything to solve our spending problem and begin to address our nation's crippling debt," he said in the recorded address, "The House has done its part to avert this entire fiscal cliff. ... The events of the past week make it clearer than ever that these measures reflect the will of the House."








Fiscal Cliff Negotiations Halted for Christmas Watch Video









Cliffhanger: Congress Heads Home after 'Plan B' Vote Pulled from House Floor Watch Video









Fiscal Cliff: Boehner Doesn't Have Votes for Plan B Watch Video





Senate Minority Leader Mitch McConnell echoed the sentiment while lamenting the failure to reach a compromise.


"I'm stuck here in Washington trying to prevent my fellow Kentuckians having to shell out more money to Uncle Sam next year," he said.


McConnell is also traveling to Hawaii to attend the Inouye service Sunday.


If the White House and Congress cannot reach a deficit-cutting budget agreement by year's end, by law the across-the-board tax hikes and spending cuts -- the so called fiscal cliff -- will go into effect. Many economists say that will likely send the economy into a new recession.


Reports today shed light on how negotiations fell apart behind closed doors. The Wall Street Journal, citing unnamed sources, reported that when Boehner expressed his opposition to tax rate increases, the president allegedly responded, "You are asking me to accept Mitt Romney's tax plan. Why would I do that?"


The icy exchange continued when, in reference to Boehner's offer to secure $800 billion in revenue by limiting deductions, the speaker reportedly implored the president, "What do I get?"


The president's alleged response: "You get nothing. I get that for free."


The account is perhaps the most thorough and hostile released about the series of unsuccessful talks Obama and Boehner have had in an effort to reach an agreement about the cliff.


Unable to agree to a "big deal" on taxes and entitlements, the president is now reportedly hoping to reach a "small deal" with Republicans to avoid the fiscal cliff.


Such a deal would extend unemployment benefits and set the tone for a bigger deal with Republicans down the line.


In his own weekly address, Obama called this smaller deal "an achievable goal ... that can get done in 10 days."


But though there is no definitive way to say one way or the other whether it really is an achievable goal, one thing is for certain: Republican leadership does not agree with the president on this question.


Of reaching an agreement on the fiscal cliff by the deadline, Boehner said, "How we get there, God only knows."



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