Fiscal cliff Bill APPROVED by House and Senate Bill is now on President Obama's Desk to be Signed

Fiscal cliff Bill APPROVED by House and Senate Bill is now on President Obama's Desk to be Signed | House approves fiscal cliff bill | Bill is now on President Obama's Desk to be Signed With bipartisan support, the House approved the fiscal cliff bill late Tuesday night after Republicans leaders ultimately decided not to try and tack on an amendment to the Senate version of the legislation. The package (PDF) puts off budget cuts for two months and preserves Bush-era income tax cuts for individuals earning less than $400000 or couples earning less than $450000. For a timeline of yesterday's action, click here. The bill now heads to the president's desk for his signature. Check back here for the latest updates.
Author: InsaneMrBrain
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Fiscal cliff Bill APPROVED by House and Senate Bill is now on President Obama's Desk to be Signed