Many areas are still dealing with flooding, even as snow and sleet start to replace the rain. Some of the local major rivers are above flood stage and still rising. The good news is, many of the others have crested and will start to fall. The snow and sleet will continue through much of the day, before wrapping up tonight. Most areas will see several inches of accumulation. Keep it locked to WYMT for updates.
WASHINGTON (AP) - President Barack Obama says he will not agree to any budget deal that extends current tax rates for the wealthiest taxpayers and says their rates should rise to help raise revenue.
Obama says his stand was validated by voters in the election because he specifically ran on an agenda of letting the existing rates for the top 2 percent of income earner rise to Clinton-era levels.
Congressional Republicans have said they would be willing to include new tax revenue in a deficit reduction deal. But they have been adamant that the tax rates themselves must not increase.