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hikes and budget cuts would be felt gradually, economists warn that if allowed to fully take hold, their combined impact -- the so-called fiscal cliff -- would rekindle a recession.
• "There is still significant distance between the two sides, but negotiations continue," Senate Majority Leader Harry Reid, D-Nev., said shortly before the Senate ended an unusual Sunday session. "There is still time to reach an agreement, and we intend to continue negotiations."
• The House and Senate planned to meet Monday, a rarity for New Year's Eve, in hopes of having a tentative agreement to consider. Yet despite the flurry of activity, there was still no final pact.
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• WASHINGTON (AP) -- Secretary of State Hillary Rodham Clinton is under observation at a New York hospital after being treated for a blood clot stemming from the concussion she sustained earlier this month.
• Clinton's doctors discovered the clot Sunday while performing a follow-up exam, her spokesman, Philippe Reines, said. He would not elaborate on the location of the clot but said Clinton was being treated with anti-coagulants and would remain at New York-Presbyterian Hospital for at least the next 48 hours so doctors can monitor the medication.
• "Her doctors will continue to assess her condition, including other issues associated with her concussion," Reines said in a statement. "They will determine if any further action is required."
• Clinton, 65, fell and suffered a concussion while at home alone in mid-December as she recovered from a stomach virus that left her severely dehydrated. The concussion was diagnosed Dec. 13 and Clinton was forced to cancel a trip to North Africa and the Middle East that had been planned for the next week.
• The seriousness of a blood clot "depends on where it is," said Dr. Gholam Motamedi, a neurologist at Georgetown University Medical Center who was not involved in Clinton's care.
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