Monday, December 31, 2012

Happy New Year!

by Bill McBride on 12/31/2012 10:00:00 PM

Thanks to everyone for a great year, and I wish everyone the best in 2013.

From the WSJ: U.S. Budget Compromise Deal Reached

President Barack Obama and congressional Republicans sealed a budget deal ... Top Democratic lawmakers said the Senate would vote on the deal Monday night. The House could reconvene, or wait until Tuesday to vote. Passage in the House isn't assured and could depend in part on the result in the Senate as well as the reaction to conservatives of the delay in spending cuts.
The vote will be after midnight so technically the politicians are voting for tax cuts, not increases.

Here is a link of a live video of the senate floor.

And this one is a little more fun - Times Square in NYC.