A FLASH FLOOD WATCH will go into effect on Tuesday afternoon for most of Southern Colorado. Daytime heating and moisture will combine with a disturbance moving through Colorado to develop numerous thunderstorms. Any one of them will be more than capable of producing very heavy rain. Burn scars and areas that have seen recent heavy rain will be under the greatest risk for flash flooding. The 11 Breaking Weather Team will be tracking this threat all day for you.
Democrats and Republicans say signs of progress are emerging in urgent negotiations to avert the looming `fiscal cliff' ahead of a midnight deadline.
A person familiar with the negotiations says Democrats have offered to extend tax cuts for families making up to $450,000 a year and individuals making up to $400,000.
President Barack Obama originally wanted the tax cuts to be extended only for families making up to $250,000 a year.
Unless an agreement is reached and approved by Congress by the start of New Year's Day, more than $500 billion in 2013 tax increases will begin to take effect and $109 billion will be carved from defense and domestic programs
The person familiar with the talks requested anonymity in order to discuss the internal negotiations.