News From NPR

We have reached the last weekend of the year, and Washington still has not reached a deal to avert the big tax hikes and spending cuts known as the fiscal cliff.

President Obama met with top congressional leaders at the White House on Friday afternoon: John Boehner and Nancy Pelosi from the House, and Harry Reid and Mitch McConnell from the Senate.

In a sign of growing opposition to President Obama's immigration policy, Iowa has become the latest state to deny driver's licenses to young illegal immigrants who receive deferments from deportation.

The FISA Amendments Act has been approved for another five years, as the Senate voted to renew the law that grants the government wide surveillance authority. President Obama has said he intends to sign the measure, which senators approved by a 73-23 margin Friday morning. It had already won approval in the House.

Update at 6:10 p.m. Dec. 31: Obama signs FISA extension.

The president signed the FISA extension Sunday. Our original post continues:

A woman who survived a brutal gang-rape on a bus in India has died, according to reports. Earlier Friday, hospital officials in Singapore, where the 23-year-old student was being treated, had warned that her condition was worsening.

The U.S. economy was a bit of a disappointment in 2012. During the early months of the year, job creation was surprisingly strong, but by the end of the year, uncertainty about the election and the "fiscal cliff" slowed the economy's forward motion. So will 2013 look any better?

Mark Zandi of Moody's Analytics says that while Washington likely will steer us away from the fiscal cliff at the last minute, some elements of the deal will be a drag on the economy early in 2013.