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1:20 PM ET, December 31, 2012

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Jonathan Chait / New York Magazine:
Why Is Obama Caving on Taxes?  —  The discouraging thing about the “fiscal cliff” negotiations is not that they have gone into the eleventh hour, or that they may go into the new year, or even that they won't resolve the long-term budget deficit.  It's that President Obama has retreated on his hard line on taxes.
Jonathan Weisman / New York Times:
2 Sides in Talks Inch Closer but No Fiscal Deal on Final Day  —  WASHINGTON — A frantic round of late-night negotiations on Sunday between Vice President Joseph R. Biden Jr. and Senator Mitch McConnell of Kentucky, the Republican leader, moved the Senate close to a deal to stave off hundreds …
bigstory.ap.org:
AP SOURCES: ‘FISCAL CLIFF’ DEAL EMERGING  —  You are here  —  Home » United States Congress » AP Sources: ‘Fiscal cliff’ deal emerging  —  WASHINGTON (AP) — The contours of a deal to avert the ‘fiscal cliff’ emerged Monday, with Democrats and Republicans agreeing to raise tax rates …
Discussion: National Review and Weasel Zippers
Katie Glueck / Politico:
Grover Norquist: Tax rates won't increase  —  Grover Norquist on Monday expressed confidence that any last-minute fiscal cliff deal would not hike tax rates.  —  “I'm working with all the folks who are trying to defend taxpayers here in Congress,” he said on CNN's “Starting Point.”
Joshua Green / Business Week:
On the Fiscal Cliff, Republicans Are Blowing a Great Deal
Discussion: The Maddow Blog and The Mahablog
First Read:
First Thoughts: Farewell to the 112th Congress
Discussion: msnbc.com
Jamelle Bouie / The Plum Line:
Have Democrats lost their leverage on the fiscal cliff?
David Jackson / Associated Press:
Biden, McConnell discuss fiscal cliff deal
Washington Post:
Senate negotiators yet to reach ‘fiscal cliff’ deal as clock winds down
Brian Beutler / Talking Points Memo:
Fiscal Cliff Talks Resume After GOP Caves On Social Security Cut
Discussion: Hullabaloo
BuzzFeed:
8 People Who Thought Hillary Clinton Was Faking Her Concussion  —  The Secretary of State was hospitalized Sunday night with a blood clot.  —  Former U.S. U.N. spokesman Richard Grenell  —  Via: @RichardGrenell  —  The New York Post  —  Via: nypost.com
RELATED:
Frank Newport / Gallup:
Hillary Clinton, Barack Obama Most Admired in 2012  —  Clinton has been Most Admired more than any other woman in Gallup's history  —  PRINCETON, NJ — Americans again this year name Secretary of State Hillary Clinton and President Barack Obama as the Most Admired Woman and Most Admired Man living in any part of the world.
Ann Althouse / Althouse:
What's Happening to Hillary?  Only a clod would say the clot is a plot!  —  Here are Senators Lindsey Graham and Dianne Feinstein, interviewed by Chris Wallace (yesterday, on “Fox News Sunday"): … With all that assurance that Hillary Clinton would testify, later that day …
Kevin Robillard / Politico:
NBC reporter raises Hillary Clinton questions  —  The top science reporter for NBC News raised questions Monday about Secretary of State Hillary Clinton's hospitalization, raising the possibility the blood clot causing isn't linked to an earlier concussion.  —  “It's not exactly clear …
Discussion: Weasel Zippers
Karen DeYoung / Washington Post:
Hillary Clinton hospitalized with blood clot
Discussion: Truthdig
Helene Cooper / New York Times:
Clinton Admitted to Hospital With Blood Clot
Discussion: USA Today and The Week
NBC Politics:
Hillary Clinton hospitalized after doctors discover blood clot
Discussion: The Maddow Blog
Louis Michael Seidman / New York Times:
Let's Give Up on the Constitution  —  AS the nation teeters at the edge of fiscal chaos, observers are reaching the conclusion that the American system of government is broken.  But almost no one blames the culprit: our insistence on obedience to the Constitution, with all its archaic, idiosyncratic and downright evil provisions.
New York Post:
Greenwich Village couple busted with cache of weapons, bombmaking explosives: sources  —  The privileged daughter of a prominent city doctor, and her boyfriend — a Harvard grad and Occupy Wall Street activist — have been busted for allegedly having a cache of weapons and a bombmaking explosive in their Greenwich Village apartment.
Dana Bash / CNN:
Harkin: Democrats unhappy; “We may object” to suggested deal  —  Washington (CNN) - Sen. Tom Harkin, a veteran Democrat and a leading liberal voice, told CNN Monday that he and other Democrats may try to block the fiscal cliff deal that's being furiously negotiated ahead of the year-end deadline.
RELATED:
Lisa Desjardins / CNN:
Sticking points in fiscal cliff talks
Alexander Bolton / The Hill:
With no deal in hand, lawmakers spend New Year's Eve on the cliff
Discussion: Hot Air and Fox News Insider
Ian Millhiser / ThinkProgress:
Citing Citizens United, Federal Appeals Court Blocks Access To Birth Control  —  On Friday, a divided panel of the United States Court of Appeals for the Seventh Circuit, in an order joined by two conservative Republican appointees, temporarily immunized a company from the Obama Administration's …
Discussion: The Raw Story
Ezra Klein / Wonkblog:
The Republican Party in one tweet  —  This is pretty much the Republican Party in one tweet:  —  Today's Republican Party thinks the key problem America faces is out-of-control entitlement spending.  But cutting entitlement spending is unpopular and the GOP's coalition relies heavily on seniors.
James Bovard / Wall Street Journal:
How the ‘Dairy Cliff’ Will Cream Consumers  —  Got milk?  Enjoy the price you paid, because federal policy, reaching its sell-by date, will have dire results.  —  If the price of milk zooms up shortly after Jan. 1, the increase will come courtesy of a venal and feckless U.S. Congress.
 
 
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 More Items: 
John O'Sullivan / Wall Street Journal:
Turmoil Over America's Radio Voice in Russia
Discussion: Power Line
Des Moines Register:
Kaul: Nation needs a new agenda on guns
Discussion: Shot in the Dark and Instapundit
The Week:
Gun control won't work
Discussion: Business Insider
Fox News:
Death of Tea Party appears exaggerated, members in House appear to hold key fiscal vote
 Earlier Items: 
Frank Bass / Bloomberg:
U.S. on Pace for Slowest Decade of Population Growth Since 1930s
Discussion: 24/7 Wall St.
Wall Street Journal:
The Elephant in the Courtroom  —  The Big Top beats an abusive lawsuit by the ASPCA.
Discussion: Betsy's Page
Iain Duncan Smith / Telegraph:
We've brought back fairness to welfare
Discussion: Guardian and BBC
Nick Fagge / Daily Mail:
Syria rebels ‘beheaded a Christian and fed him to the dogs’ as fears grow over Islamist atrocities
Discussion: The Jawa Report and Weasel Zippers
John Avlon / The Daily Beast:
Our Pathetic Congress  —  Surprised that our lame-duck representatives …
Discussion: The Moderate Voice
 

 
From Mediagazer:

Caitlin Huston / The Hollywood Reporter:
Internal memo: Hearst Magazines president announces layoffs as part of a decision to “reallocate resources” to “continue our focus on digital innovation”

Jon Brodkin / Ars Technica:
FCC Chairwoman Jessica Rosenworcel announced she will leave the agency on January 20; she was the first woman to be confirmed to lead the agency

Lachlan Cartwright / The Ankler:
Sources: MSNBC renewed Rachel Maddow's contract early this fall, but with a pay cut; MSNBC bosses' plan to shake up daytime and weekend programming

 
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