Following the Sandy Hook shooting in Connecticut, all eyes are on President Obama to try and tackle gun legislation particularly the sale of military style assault weapons and ammunition.
The potentially new reforms are expected to dominate the president's inauguration speech on 21 January, at the start of his second term of office.
Meanwhile Obama's 'Fiscal cliff' headache sees the Democrats and Republicans failing to reach a budget agreement which must be reached before January 1st or a combination of steep tax increases and spending cuts will take effect. And unless this agreement is reached going over the fiscal cliff result could ripple out to the rest of the world.
I am Ann Salter thanks for watching. Stay tuned for the latest news on this story with us at ibtimes.co.uk
Written and presented by Ann Salter