| Revelers gather in NY's frigid Times Square on New Year's Eve Jan 1st 2013, 05:42  NEW YORK (Reuters) - Throngs of revelers in and around New York's Times Square bid farewell to 2012 and extended a raucous greeting to 2013 early Tuesday. The crowd in midtown Manhattan, which police expected to approach 1 million, cheered and counted down the final seconds of 2012 as a large lighted crystal ball descended for the last minute of the old year - a tradition started in 1907. Thousands cheered as the new year officially began and a blizzard of colorful confetti fell on the famous square. ...
|  | U.S. House aims to split Sandy aid bill into two parts Jan 1st 2013, 02:54  WASHINGTON (Reuters) - The U.S. House of Representatives is expected to split a $60.4 billion Superstorm Sandy disaster aid bill into two parts, staging votes on $27 billion to fund immediate recovery needs and $33 billion for long-term and other projects, Republican lawmakers and aides said on Monday. The plan for votes on Tuesday or Wednesday would meet the demands of many Republican lawmakers to vote on a smaller initial package of aid for victims of the October 29 storm that devastated New York and New Jersey coastlines. ...
| | "Fiscal cliff" deal reached between White House, lawmakers: source Jan 1st 2013, 02:42  WASHINGTON (Reuters) - The White House and congressional lawmakers have reached a deal to avoid the "fiscal cliff" that would delay harsh spending cuts by two months, Obama administration officials said on Monday. President Barack Obama called Democratic Senate Majority Leader Harry Reid and House of Representatives Minority Leader Nancy Pelosi, who both signed off on the deal, one source said. The agreement includes a balance of spending cuts and revenue increases to pay for the delay in the automatic spending cuts that would go into effect without a deal by lawmakers. ...
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