Your daily look at late-breaking news, upcoming events and stories that will be talked about today:
1. WHY OBAMA MIGHT RISK GOING OVER THE ‘FISCAL CLIFF’
The AP’s Julie Pace says the president may go for a hard-line strategy to win Republican concessions on taxes.
2. WHAT THE MILITARY COULD LOSE
The Republicans’ proposal to cut $300 billion in discretionary spending could hit defense departments the hardest.