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January 1, 2013

02:34 • 5 months ago

US Senate approves deal to avert ‘fiscal cliff’

breakingnews:

AP: Early Tuesday morning the US Senate passed a deal to avert the ‘fiscal cliff.’ The legislation will now move to the House of Representatives where a vote is expected before Wednesday.

The White House-backed deal raises taxes on incomes of more than $400,000 for individuals and on incomes of more than $450,000 for couples. The measure also temporarily blocks spending cuts for two months.

Who wants to bet the House finds a way to screw this up?

Adapted from Tumblr Related Posts by Dom Claxton

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