House Passes 'Fiscal Cliff' Bill; Now...

House Passes 'Fiscal Cliff' Bill; Now to President

Posted in the Minneapolis Forum


Minneapolis, MN

#1 Jan 2, 2013
House Passes 'Fiscal Cliff' Bill; Now to President

Source: C-Span

The House has passed HR 8, the Tax Relief Extension Act, which the Senate passed early Tuesday morning by a vote of 89 to 8.The so-called "fiscal cliff" agreement had been negotiated Monday between Senate Minority Leader Mitch McConnell (R-KY) and Vice President Joe Biden. The legislation keeps the Bush era tax cuts for individuals making less than $400,000 and couples making less that $450,000. It also makes permanent the fixes for the Alternative Minimum Tax and delays government spending cuts for two months.

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