Washington (CNN) - President Barack Obama responded on Monday to House Speaker John Boehner's offer to compromise on tax rate increases with his own compromise on both tax increases and spending cuts, according to a source familiar with the discussions.
Obama's latest offer brings the two sides billions of dollars closer to a deal to avert the fiscal cliff, which promises tax increases on income of all levels and across-the-board spending cuts in the new year.
(CNN) - Legislators from around the country rose to the microphone in the House and Senate Monday with heavy hearts in the wake of the Connecticut elementary school shooting that left 20 young students and six adults dead.
Both sides of the capitol observed a moment of silence and members from around the country offered tributes.
Washington (CNN) – Another pro-gun Democrat who has been endorsed by the National Rifle Association told CNN Monday that he's open to looking at new legislation to tighten gun laws in the wake of the school massacre in Connecticut on Friday.
U.S. Rep. Joe Donnelly, D-Indiana, who will replace retiring GOP Sen. Dick Lugar, told CNN said he's committed to looking at legislation to address the shooting.
(CNN) - Connecticut Gov. Dannel Malloy called for federal legislators to act on gun control legislation in the wake of shootings at the Sandy Hook Elementary School and said laws could have been in place which may have prevented this shooting.
"Do I think Washington, D.C., needs to get its act together and enact stricter gun control laws at the federal level?" he asked. "You bet I do."
(CNN) – Daniel Inouye, the Medal of Honor-winning World War II veteran who represented Hawaii in the Senate for five decades, has died at age 88, his office announced Monday.
Inouye had been hospitalized for "respiratory complications" after starting treatment to regulate his oxygen intake last week, his spokesman, Peter Boylan, told CNN earlier Monday.
CNN's GUT CHECK | for December 17, 2012 | 5 p.m.
– n. a pause to assess the state, progress or condition of the political news cycle
HEATING UP: OBAMA, BOEHNER MEET AGAIN TO TALK FISCAL CLIFF… President Barack Obama and House Speaker John Boehner met at the White House on Monday after the top Republican negotiator made concessions over the weekend that moved the talks to a new level. The 45-minute meeting was their third face-to-face discussion in eight days, a sign of acceleration in the negotiations that seek to avert the automatic tax increases and spending cuts of the fiscal cliff set to take effect in the new year. – Dana Bash. Deirdre Walsh and Tom Cohen
OR, NOT? FISCAL CLIFF THREATS RATCHET UP… Senate Majority Leader Harry Reid warned that the Senate may have to return after Christmas in order to complete negotiations on the fiscal cliff. “It appears at this stage - we’ll see if anything changes - but it appears we’re going to be coming back the day after Christmas to complete work on the fiscal cliff,” Reid said in a speech on the Senate floor.
(CNN) - It's a chance to own a piece of presidential history.
And it's got horsepower.
(CNN) – Another high-profile Democrat with strong backing from the National Rifle Association said Monday it was time for tougher gun laws.
"I believe every American has Second Amendment rights. The ability to hunt is part of our culture. I have an NRA rating of an 'A,' but enough is enough," Sen. Mark Warner of Virginia told WBBT, a local CNN affiliate in Richmond.
(CNN) - New York City Mayor Michael Bloomberg, an outspoken advocate for increased gun control measures, on Monday added specifics to his calls for "immediate national action from the president and Congress" in the wake of Friday's mass shooting at a Connecticut elementary school.
"The time for talk is over. Congress and the White House [have] to come up with something that stops this carnage no matter what the political ramifications are," Bloomberg said. "Somehow or other, we've come to think that getting reelected is more important than saving lives, that political power is more important than saving lives, that partisan politics is more important than saving lives. Enough."