Posted by Tor at 11:56 PM
Ending a climactic fiscal showdown in the final hours of the 112th
Congress, the House late Tuesday passed and sent to President Obama
legislation to avert big income tax increases on most Americans and
prevent large cuts in spending for the Pentagon and other government
programs.
The measure, brought to the House floor less than 24 hours
after its passage in the Senate, passed 257 to 167 with 85 Republicans
joining 172 Democrats in voting to allow income taxes to rise for the
first time in two decades, in this case for the highest-earning
Americans. Voting no were 151 Republicans and 16 Democrats.
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