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.

Thoughts on the Chained CPI, Social Security, and the Budget  —  According to reliable sources, the Obama administration is seriously contemplating a deal under which the annual cost of living adjustment for Social Security benefits would be indexed to the chained consumer price index rather …

Obama's Latest Fiscal Slope Offer: I'm Missing the Part Where Republicans Give Up Something  —  I noted the emerging fiscal slope deal yesterday, and we have additional developments on that front.  —  The headlines here is that the Obama Administration narrowed the demand they maintained for four years …

Poll: Most want ‘fiscal cliff’ compromise but oppose cuts that may be part of deal  —  Joshua Roberts/Reuters - House Speaker John A. Boehner (R-Ohio) walks to his office after meeting with President Obama to talk about the “fiscal cliff” on Dec. 17.  According to a poll …

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.

Cerberus: We want out of gun biz  —  Bushmaster rifle owner decides to sell the company.  —  FORTUNE — Private equity firm Cerberus Capital Management announced early this morning that it plans to sell Freedom Group, a firearms conglomerate that produced the .223 Bushmaster rifle used in last week's elementary school massacre.