Pelosi Backed Boehner's Tax Cut Proposal  —  A new tax on millionaires, if talks fail.  —  Image by Jason Reed / Reuters  —  WASHINGTON — Speaker of the House John Boehner's “Plan B” to avert the fiscal cliff would cut taxes for incomes under $1 million — a higher threshold than the White House demands …

John Boehner moving to Plan B on fiscal cliff  —  House Republicans, discouraged by the pace of negotiations with the White House, will move their own bill that would hike tax rates on income above $1 million, according to several sources familiar with the plan.

Adam Lanza's weapons  —  Has technology rendered the 2nd Amendment to the US Constitution obsolete?  —  That is, has the application of modern military design to civilian firearms produced a class of weapons too dangerous to be in general circulation?  —  We say: Yes.

Sporting goods chain suspends sale of certain semi-automatic after shooting  —  Mourners leave Honan Funeral Home after attending the funeral for Jack Pinto, 6, one of the youngest victims of the Sandy Hook elementary school shooting, on Monday, December 17, in Newtown, Connecticut.

Rumors of a Deal  —  It sounds as if Ezra Klein is hearing more or less the same things I'm hearing: Republicans willing to give up a lot more on tax rates, although not fully undoing the Bush tax cuts in the 250-400 range; additional tax hikes via deduction limits in a form that hits the wealthy …