we have team fox coverage. mike emanuel is live on capitol hill.ut first to ed henry at the white house. ed, it looks as if we are taking the plunge. >> it does, trace. but what i think the white house is hoping here tonight is that lawmakers are going to have some framework by midnight tonight that basically says votes as soon as tomorrow or maybe even in early wee hours, 1:00 a.m., 2:00 a.m. to start moving forward on this so at least the markets get the signal that they will retroactively make sure that the tax rates don't go up. that the massive spending cuts don't take effect. all of this is still hanging in the balance. as you mentioned, conservatives not happy that there are no new spending cuts here. liberals not happy over the fact that they believe the president gave in too much to republicans on taxes setting a threshold of $450,000 a year instead of what they wanted which was 250,000. bottom line the president said that's the art of the compromise today. everyone is not going to get everything that they want. and, in fact, he said the k

harris. >> mike emanuel, thank you. stay with fox news channel for updates of the inaugural festivitying taking place later tonight and also coming up in the fox report, a special guest to talk about what four more years of president obama could look like. well, tonight, disturbing new developments at the natural gas plant where an american and other foreign workers were taking hostage last week. algerian forces are searching for explosives on that huge complex grounds, because they feel like the place may be booby trapped and in their search they're finding dozens of additional bodies. . no one knew just how many people had died at the hands of the terrorists there. some of the bodies, so badly disfigured they couldn't tell if they were terrorists or hostages. tonight we know, they were all hostages, doubling the numbers of victims in the attack, tonight the body count could be 80 hostages and terrorists found to date. so far we've been told at least one of the victims is an american. algerian special forces stormed the complex yest

our colleague fox news's mike emanuel, reported from a senate democratic leadership, basically there is no time to ping-pong proposals say senate democrats. speaker was appraised throughout the negotiations and they're basically saying if they change this bill, republicans will be solely responsible for the largest tax hike in american history. so right now there are still plenty of republicans who have major issues with this bill. they want significant spending cuts. it is up to republicans now. if they decide to add spending cuts to this proposal and possibly kill this deal? or do they swallow the pill and take the vote on the house floor that the senate passed last night, diane. >> rich, for those maybe a little busy recovering from their new year's eve celebration, if you can recap for us what the main points in the senate's proposal are and what some of the sticking points of the republicans could be? >> actually, diane, i just got some breaking news here from a republican leadership aide. the speaker presented members a couple options. first would make an amendment to the senat

fox news correspondent mike emanuel with our report. >> white house aides say a group led by vice-presidentconnecticut tragedy taking a brought comprehensive approach. gun laws are only one part of the issue. that translates to the president wanting more than simply reinstating a ban on assault weapons and high capacity ammunition. >> legislation that would close the many loopholes in our background check system. he believes that issues of mental health, education, for example, are part of this problem and need to be addressed as part of the effort that vice-president biden is undertaking. >> of some supporters say there are about freedom and control, it's not the answer. >> bad guys are not stupid, they're just bad. if their intent on doing something bad it will get a firearm and use it. >> they can also be used for protection. a mother at home with her twins fire her 38 caliber revolver when ex-convict broke into their home in the room where there were hiding when the man. the newly elected pro-second amendment senate democrat is worried about overreaching. >> said think you need to put e

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mike emanuel, thank you very much be one a fox news weather alert. extreme winter weather is gripping parts of the south. arctic air and freezing rain expected from arkansas to the north carolina and south carolina area. dangerous driving conditions. up to a quarter inch of ice can accumulate. people in the upper midwest and northeast are wondering when the cold will end. another day of bone chilling temperatures. we have our meteorologist here with the update. thanks for joining us, janice dean. reporter: that's right, cool air as far as the midsouth. ice on the roadways, the tennessee river valley, look at all that pink on the radar. it looks pretty, but it's not nice to drive in. north of that area is snow. it was is not a blockbuster event, but we could get one to 4 inches of snow across the ohio river valley into what the northeast. we are seeing the potential for freezing rain and sleet in tennessee and kentucky. the carolinas as well. mainly ranges east of huntsville. good shower activity just south of nashville as well. cleveland, cincinnati,

we have team fox coverage of the day's developments with gerri willis covering wall street. mike emanuel on capitol hill. but, first, to shannon bream live in washington. so, shannon, does this settle the matter? >> well, jon, there are definitely some who need some convincing still including new jersey governor chris christie who had this to say this afternoon. >> when you sit around and you delay and then you give assurances to people that things are going to be done and they are not, that's not doing your job. have some guts. put it up, vote yes or no and let's move on. >> following a meeting with g.o.p. house leaders today representatives from new jersey and new york say they're convinced now that that vote is coming but it's not going to happen until after the new congress is sworn in tomorrow. a vote on the bulk of the sandy aid package is scheduled for the 15th but then go right back to the senate, jon? >> jon: earlier we were hearing a lot of talk in the split of the republican leadership. >> yeah, there has long been speculation about representation of john boehner two split the

fox coverage. ed henry is live at the white house. but, first to mike emanuel live on capitol hill. so, mike, where do things stand now? >> well, rick, on the house floor as we speak right now, they are counting votes. they are seeing if there are 218 voted in the house of representatives to essentially decide to go forward with adding spending cut amendments to the senate-passed bill to essentially see if there is enough support to pass the house. if they have that, they say they will go forward with a risky strategy of ending a spending cut amendment to that bipartisan deal. if they don't have 218 votes, they say they will go forward with the bipartisan deal that passed the senate, bottom line, here is why house republicans don't like this fiscal cliff deal. >> the senate bill failed miserably in cutting spending. i know that we can address that in debt limit. i think a lot of us believe that we have to address it today. >> and, of course, house republicans are being warned that this is a risky strategy. there has already been a threat from the democratic leadership saying if the

fox team coverage. chief washington correspondent ed henry looks at the president's next move. chief congressional correspondent mike emanuelwhere this all stands at this moment. we start with mike and i say "at this moment" because it has been every moment changing throughout the day. >> that's right. good evening to you. house republican leaders spent time behind closed doors with the members trying to figure out a way forward. the bombshell announce fire department the house majority announcement today was he does not support the compromise. house republicans are complaining about a deal they did not negotiate about the lack of spending cuts. >> consensus that we have to in some ways address spending. people told me, they would rather increase taxes but we need to cut spending. >> part of the problem is it includes $650 billion in tax hike with $15 billion in spending cut and that comes out to $1 in cuts in $41 in taxes. recognizing there will be trouble attracting support for the bill, vice president joe biden returned to capitol hill again today to encourage house democrats to support the compromise he negotiated. afte

fox coverage of the benghazi hearings. catherine herridge covering the ongoing threats from terrorists. first, let's get to mike emanuel on capitol hill. mike, in the late afternoon session and late in the day, some fireworks on the house side. >> shep, that's right. there was some bickering back and forth with democrats saying that funding for embassy security has been inadequate. republicans responded saying "you should spend your money on security and not on other things such as climate change." then there was this moment: >> there was a request made for more security and it was denied on june 7th. and so, madam secretary, you let the consulate become a death trap, and that's national security malpractice. you have said you take responsibility, what does responsibility mean, madam secretary? you are still in your job and there are four people at the department of state that have culpability in this that are still in their jobs. >> clinton says she takes responsibility but congressman duncan notes that some heads should have rolled, shep. >> shepard: we repeatedly heard questions today, mike, about why secretary clin

jon: mike emanuel on capitol hill for us. thanks, mike. uma: we have this foxof tennessee where the national weather service just confirmed a tornado touching down outside of nashville. it was a category 2 twister with wind reaching 115 miles per hour. it cut a four and a half mile path reaching 150 yards wide. it's part of a dangerous storm system stretching from canada to the gulf of mexico. authorities are still investigating other reports of tornadoes, while some areas are getting hit with hail and severe thunderstorms. we're receiving reports of damaged homes across that region and tens of thousands of customers right now are without power. the danger is far from over, folks. several major cities could soon be in the storm's path. so where is the system heading next? chief meteorologist rick weymouth is joining us live from the fox news extreme weather center. >> reporter: really potent storm for january, much more like an april storm. the severe weather stretching today from probably parts of upstate new york all the way down towards the central gulf. it'

fox news coverage. chief white house correspondent ed henry looks at messaging and movement from president obama and what the democrats are saying. mike emanuel on a framework of a deal that is still, at this hour, still influx. >> good evening, yes. there is definitely some heart burn on the left. we are expecting senate democrats are telling us they are expecting vice president joe biden who negotiated this deal for the democrats to come up here at some point to try to calm nerves of his fellow democrats. they are anxious about the tax rate level. they were hoping for the $200,000 tax rate to 250 that president obama campaigned on. hearing that it's going to be higher than that, they are anxious about it. bottom line, the key negotiators in this deal are trying to get it done. >> we'll continue to work on finding smarter ways to cut spending. but let's not let that hold up protecting americans from the tax hike that will take place. we can do this. we must do. this. >> though it is down to the wire. >> it's december the 31st. january 1st is tomorrow. 2013, tax does up. john thune says the senate should have acted months ago to keep the econ

mike emanuel on the hill tonight. perspective what lies ahead for president and the congress. dana perino the white house press secretary for president george w. bush. that's coming up from the journalists of foxation's capitol. inauguration night. martin luther king jr. day. it's great to have you with us. just like that. right in the old bucket. good toss! see that's much better! that was good. you had your shoulder pointed, you kept your eyes on your target. let's do it again -- watch me. just like that one... [ male announcer ] the durability of the volkswagen passat. pa down something he will be grateful for. good arm. that's the power of german engineering. ♪ back to you. [ bop ] [ bop ] [ bop ] you can do that all you want, i don't like v8 juice. [ male announcer ] how about v8 v-fusion. a full serving of vegetables, a full serving of fruit. but what you taste is the fruit. so even you... could've had a v8. sven gets great rewards for his small business! how does this thing work? oh, i like it! [ garth ] sven's small business earns 2% cash back on every purche, everday! woo-hoo!!! so that's ten security gators, right? put them on my spark card! why settle for less? testing hot tar... gr

fox news is learning there are discussions underway it sign off on a short term extension of our debt limit. that hardly means a gop retreat on spending cuts. chief congressional correspondent mike emanuel is live from washington with more with more on this mike, what are re learning about the way forward with some of the fiscal issues? >> reporter: after some discussions at the retreat in williamsburg, virginia, talk of short-term debt limit discussion to try to work on a plan to get the debt and deficit under control. i talked to one key republican lawmaker who says there are three events coming that will coalesce. debt ceiling discussion, debt ceiling and the fact that the federal government will run out of money at the end of march. >> all those bring a confluence of an opportunity to drive a debate and drive changes that get us towards long-term prosperity and get us off of this notion that we can just continue to borrow and spend. >> reporter: it is clear most republicans want there to be spending cuts as part of these fiscal matters as they work on long-term extensions or solving these problems long term. jenna. jenna: mike, if we're hearing this, then the white house is probably