With final vote, US Congress resolves 'fiscal cliff' drama - Israel News, Ynetnews

   Israel News

Israel News
World News
Israel Opinion
Israel Business
Israel Culture
Israel Travel
Breaking News


With final vote, US Congress resolves 'fiscal cliff' drama

Published: 01.02.13, 07:16 / Israel News

The United States averted economic calamity on Tuesday when lawmakers approved a deal preventing huge tax hikes and spending cuts that would have pushed the world's largest economy off the "fiscal cliff" into recession.


By a vote of 257 to 167, the Republican-controlled House of Representatives approved a bill that fulfills President Barack Obama's re-election promise to raise taxes on top earners. (Reuters)


  PrintPrint  Send to friendSend to friend   
Tag with Del.icio.us Bookmark to del.icio.us


RSS RSS | About | Contact Us | Privacy Policy | Terms of use | Advertise with us | Site Map

Site developed by  YIT Advanced Technology Solutions