(BBC) US House considers deal on fiscal cliff

Posted by Kendall Harmon

A US Senate-backed deal [by a vote of 89-8] to stave off a "fiscal cliff" of drastic taxation and spending measures has passed to the House of Representatives.

President Barack Obama has urged the House to pass the bill "without delay".

However, several representatives have spoken out against it, with one calling it "bad for America".

Read it all.

Filed under: * Economics, PoliticsEconomyTaxesThe U.S. GovernmentBudgetMedicareSocial SecurityPolitics in GeneralHouse of RepresentativesOffice of the PresidentPresident Barack ObamaSenate

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Posted January 1, 2013 at 1:00 pm [Printer Friendly] [Print w/ comments]
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