CAPITOL HILL — After a dramatic day of unexpected twists and turns, the U.S. House of Representatives has passed the Senate compromise bill to avert massive tax increases and severe cuts to government spending known as the fiscal cliff.
CAPITOL HILL — The U.S. Senate has overwhelmingly approved a bipartisan agreement to spare most Americans from steep tax hikes and delay across-the-board federal spending cuts imposed by the so-called “fiscal cliffâ€.
CAPITOL HILL — Four days before Americans face massive automatic tax increases and deep federal spending cuts, Washington is showing no signs of forging a deficit reduction agreement to avert the so-called “fiscal cliff.â€
President Obama cut short his vacation in Hawaii in order to get back to Washington in an effort to reach a deal that would avert the country's falling off of the "fiscal cliff" on January 1st.