The Two-Way
4:55 pm
Tue January 1, 2013

House Approves 'Fiscal Cliff' Legislation

President Barack Obama and Vice President Joe Biden make a statement regarding the passage of the fiscal cliff bill in the Brady Press Briefing Room at the White House late Tuesday evening.
Charles Dharapak AP

Originally published on Wed January 2, 2013 4:23 am

The House of Representatives voted 257-167 late Tuesday to pass a Senate-approved compromise deal that stops large tax increases for 99 percent of Americans, and delays massive spending cuts for two months.

The bill now goes to President Obama, who is expected to sign it into law.

NPR's S.V. Date is reporting on the deal for our Newscast unit. Here's what he says:

"The eventual deal was hammered out by Senate Republican Leader Mitch McConnell and Vice President Joe Biden. It passed the Senate with overwhelming, bipartisan support.

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Local News
3:00 pm
Tue January 1, 2013

NCAA Celebrating 75 Years of March Madness

NCAA

Voting begins this month for the top players, teams and moments from the history of the NCAA basketball tournament.

It’s part of the March Madness 75th anniversary celebration.

The NCAA has compiled a list of 75 players, 25 teams and 35 tournament moments for fans to consider. Voters will trim the list to 15 players, one team and one moment.

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Education
2:20 pm
Tue January 1, 2013

Congressman John Yarmuth Previews Spot on House Education and Workforce Committee

Credit U.S. Congress

Democratic Congressman John Yarmuth says reauthorizing the expired No Child Left Behind Act should be a priority of the incoming Congress.

But the law as it stands now would likely undergo significant reforms that follow what some states like Kentucky have already begun implementing.

Yarmuth was recently appointed to the  House Education and Workforce Committee, a position he held during his first years in office.

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Local News
1:00 pm
Tue January 1, 2013

Louisville to Host Cyclo-Cross Elites World Championships

Credit UCI

Louisville will host the 2013 UCI World Elite Cyclo-cross Championships early next year, which is being held outside of Europe for the first time in the sport’s 60-year history. 

Cyclo-cross is a bicycle race on multi terrains and with some obstacles where riders may have to dismount and traverse. This year, the Masters and Elite race will be held at  Louisville’s Eva Bandman Park off River Road. 

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Arts and Humanities
11:00 am
Tue January 1, 2013

Library U Course Explores Changing Role of American Theater

Zan Sawyer-Dailey
Actors Theatre of Louisville

The Louisville Free Public Library’s Library U course for January is on the changing role of American theater. Actors Theatre of Louisville associate director Zan Sawyer-Dailey will offer an an insider’s look at the art of making theater at the Main Library

Sawyer-Dailey’s course will cover the history of the regional theater movement and Actors Theatre, how the theater’s artistic decisions are made, and offer a look at the upcoming Humana Festival of New American Plays.  

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Education
9:10 am
Tue January 1, 2013

WKU President Gary Ransdell: UPike Addition to Kentucky System Would Be Costly

Gary Ransdell
Credit Western Kentucky University

The president of Kentucky's third largest university said adding Pikeville University to the state system would be financially cumbersome for the state, although House Speaker Greg Stumbo says he won't personally support new funding for higher education until UPike is admitted.

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Business
9:09 am
Tue January 1, 2013

'Fiscal Cliff' Statement From President Obama

Originally published on Wed January 2, 2013 11:16 am

The White House released this statement from President Obama at 2:30 a.m. on Tuesday:

Leaders from both parties in the Senate came together to reach an agreement that passed with overwhelming bipartisan support today that protects 98 percent of Americans and 97 percent of small business owners from a middle class tax hike. While neither Democrats nor Republicans got everything they wanted, this agreement is the right thing to do for our country and the House should pass it without delay.

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Education
9:00 am
Tue January 1, 2013

Kentucky Ed. Commissioner Terry Holliday: Pension Reform Likely Legislative Focus

Kentucky Education Commissioner Terry Holliday says despite a legislative session next year that’s likely to focus on pension reform, he expects some key education initiatives to be brought up, discussed and even passed.

According to recommendations from a task force, the state needs to allocate nearly $300 million to honor its pension obligations, which would likely take money away from several other departments.

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Local News
7:00 am
Tue January 1, 2013

Strong: Cards Motivated by Underdog Status in Sugar Bowl

After a month of preparation, the University of Louisville football team is in New Orleans to take on Florida in the Sugar Bowl Wednesday night.

Cards coach Charlie Strong says his players are well aware of their underdog status against the 11-1 Gators, whom some are picking to win by two touchdowns or more.

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Superstorm Sandy: Before, During And Beyond
7:20 pm
Mon December 31, 2012

Could Post-Superstorm Sandy Rebuilding Energize The Economy?

Contractors Benny Corrazo, left, and Michael Bonade install a new set of sliding glass doors in a home that survived Superstorm Sandy in the Breezy Point section of New York on Dec. 20, 2012. Some economists say that reconstruction efforts may stimulate the economy.
Mark Lennihan AP

Originally published on Mon December 31, 2012 7:55 pm

Superstorm Sandy did tens of billions of dollars in damage to coastal areas of New York and New Jersey.

But there may be a silver lining to all that destruction: Some economists argue that reconstruction from Sandy could help stimulate the national economy in 2013. Still, others are more skeptical.

Charlie Messina uses a jackhammer to break up flood-damaged concrete in a basement in the Brooklyn neighborhood of Manhattan Beach. Messina owns a small business that does renovations.

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