People could opt for flat tax rate of 20 percent or stick with the current tax system. The Rick Perry plan offers choice, but people might need to do two calculations to tell which is best, some say.

U.S. stocks closed with steep losses amid reports that a key meeting of Europe's finance ministers was canceled. The Dow fell 207 points to 11706 as poor corporate earnings felled U.S. stocks.

S.978 is the latest chapter in the fight to protect major content providers, including the movie industry, which say they lose millions of dollars yearly from illegal streams on sites like YouTube.

AP - Flamboyant and grandiose in life, Moammar Gadhafi was buried in secrecy and anonymity, laid to rest in an unmarked grave before dawn in the Libyan desert that was home to his Bedouin tribal ancestors.

AP - Americans say they feel worse about the economy than they have since the depths of the Great Recession. And it's a bad time for a bad mood because households are starting to make their holiday budgets.

AP - After 48 hours, a miracle emerged from the rubble: a 2-week-old baby girl brought out half-naked but alive from the wreckage of an apartment building toppled by Turkey's devastating earthquake.