Even if Congress and the White House can't reach a deal on the "fiscal cliff," the higher taxes and lower government spending that would follow would kick in only gradually. A recession is not guaranteed.
Gun rights advocates in Congress said they would consider gun control legislation as long as it also addresses mental health issues and the effects of violent video games.
As President Barack Obama and House Speaker John Boehner pushed to reach a broad deal to avert the "fiscal cliff," Boehner offered a "plan B" that would cancel tax increases for everyone earning $1 million or less.
Ten people chosen by their fellow Republican are gathering Monday at the Missouri Capitol to cast the state's Electoral College vote for president.
Despite being outspent 3-to-1 in his race against Sen. Claire McCaskill, Rep. Todd Akin recently reported $268,830 in debt as the end of his term as a congressman draws nearer.
The Federal Funds Information for States anticipates that if lawmakers in Washington do not compromise on averting the "fiscal cliff," Missouri could lose $125 million in federal funding, and the state's defense spending cuts could total over $1 billion.
Many states depend on federal grants to help finance education, environmental and community programs that are on the chopping block. And their state income tax revenues could rise or fall as a direct result of federal tax hikes.
All three lawmakers told the newspaper their experiences at the university helped shape their attitudes as public officials.
President Barack Obama and House Speaker John Boehner agreed not to release details of their weekend conversation, but aides emphasized that the lines of communication remain open.
A summary of Missouri Sen. Claire McCaskill's finances released Friday shows she had less than $8,800 in her campaign account as of Nov. 26.
Despite publicly disavowing Todd Akin, the political committee for Republican senators quietly sent $760,000 to Missouri in a last-ditch attempt to aid Akin's unsuccessful challenge of Democratic Sen. Claire McCaskill
Because the margin of victory was less than 1 percentage point, the losers could still ask for recounts in state House Districts 114 and 150 and in the 45th judicial circuit.
U.S. Rep. Jo Ann Emerson announced Monday she is leaving Congress in February after first winning the seat in 1996.
Jo Ann Emerson said she plans to step down from Congress in February and will serve as president and CEO of the National Rural Electric Cooperative Association.
Akin pledged to continue "speaking out about the problems facing our country" and asked for donations to help pay his campaign bills.
Gov. Jay Nixon said the Medicaid expansion could provide health care coverage to an additional 300,000 state residents.
Read about Missouri's current income eligibility thresholds for Medicaid based on the federal poverty level, and how they would change if the Legislature agrees with Nixon's request to expand eligibility.
Unless Congress takes action, the exemption in 2013 will drop to $1 million and the tax rate will rise to 55 percent.
The bill would cap contributions at $5,000 per donor, require nonprofit campaign contributors to identify their donors and make it a crime to deliberately obscure sources of campaign money.
The specifics remain to be finalized but could include income tax cuts for individuals, small businesses or corporations.