Your daily look at late-breaking news, upcoming events and stories that will be talked about today (all times EST).
1. SENATE APPROVES ‘FISCAL CLIFF’ DEAL
Next up is the House, which meets at noon to vote on an agreement that kept taxes steady for the middle class, among other things.
2. WHAT IT MEANS FOR TAXPAYERS
Tax cuts are extended on incomes of up to $400,000, estate and capital gains taxes increase and payroll taxes go up 2 percentage points.