Speaker of the House John Boehner (R-OH) leaves after his weekly news briefing at the U.S. Capitol Thursday. Boehner said negotiations with President Barack Obama to are stalled until the White House offers more federal budget spending cuts.
Originally published on Fri December 14, 2012 6:01 am
President Obama hosted House Speaker John Boehner today, spending nearly an hour together in which they reportedly discussed ways to avert the looming "fiscal cliff" of spending cuts and tax hikes that are due to strike at the end of 2012. Boehner left the White House at 6 p.m., ET, apparently without reaching a deal. As Politico reports, the Republican plans to return to his home state of Ohio this weekend.
The Statue of Liberty still lifts her lamp beside the golden door, but the island that's home to the iconic statue was severely tempest-tost by Superstorm Sandy. Flood damage inflicted by the storm has closed Liberty Island and nearby Ellis Island indefinitely.
On Thursday, Interior Secretary Ken Salazar made his first visit to the Statue of Liberty since the storm. David Luchsinger, superintendent of the Statue of Liberty National Monument, led the secretary on a walking tour.
Drug cartels are taking to the ocean. That's because security along the land border between the U.S. and Mexico has been beefed up. Smuggling off the coast of Southern California is up 30 percent this year, according to the government, and that has the Coast Guard and Homeland Security warning of an increasingly dangerous situation off the busy coast.
Our next story is an economic mystery. Our Planet Money reporter Chana Joffe-Walt stumbled over it while holiday shopping.
CHANA JOFFE-WALT, BYLINE: The other day, I went to Toys R Us after work to buy my son some Legos for Hanukkah. He's never had Legos before, so I was very excited. But did you know that a basic box of Legos cost 59.99? For just 102 DUPLO pieces, 60 bucks. They're plastic blocks.
UNIDENTIFIED CHILD #1: Legos cost a lot of money.
UNIDENTIFIED CHILD #2: Yeah, actually, they are expensive.