Less Than 24 Hours To Fiscal Cliff - | WBTV Charlotte

Less Than 24 Hours To Fiscal Cliff

Good morning to you on this Monday, 31 December 2012, the last day of 2012...from the WBTV News morning team!  John Carter reporting to you on this cold Monday morning.

And today is the deadline...the fiscal cliff of tax increases and budget cuts are set to go into effect in less than 24 hours unless some type of compromise is reached. But Republicans and Democrats remain at an impasse this morning, still stuck on major issues such as the income threshold for higher tax rates.  We'll have the latest on last minute negotiations.

There is one good piece of economic news this morning...milk prices won't be going up to $7 a gallon!  That's because members of the house and senate agricultural committees agreed to a one-year extension of the 2008 farm bill.

Today is the last day of 2012...and preparations are underway in uptown Charlotte for the First Night celebration to ring in the new year.   Police are getting ready for thousands of people to show up.  Cam Man Ron Lee joins us live from uptown this morning to fill us in on what's happening and what we can expect!

Speaking of the new year...officials in New York put the New Year's Eve ball through one final test on Sunday.  Ahead of tonight's countdown in Times Square, everything appears to be working as planned.

Police in Gaston county hoping a picture will help them find the woman who robbed a CVS store at gunpoint.  We'll show you the picture.

We're following a crime alert this morning in Northeast Charlotte, where police say they're looking for three men who broke into a home and stole a dozen guns.

Secretary of State Hillary Clinton is in a New York City hospital...after her doctors detected a blood clot.

The NFL playoff picture is now set...and although the Carolina Panthers won't be participating, the team ended its season on a high note.  We'll have highlights...plus, last night's late game between the Dallas Cowboys and Washington Redskins...and it was a thriller!

Plus...be sure to bundle up when you head out this morning...it's cold out there!

All that and so much more...when you join us this morning from 4:30 to 7:00 AM.  Hope to see you then!

Powered by Frankly