Country goes off fiscal cliff at Midnight
By: Big 2 News Staff
Updated: January 1, 2013
The Senate overwhelmingly approved a fiscal cliff deal early Tuesday.
The proposal passed in an 89 to eight vote. The Senate package would keep the expiring Bush-era tax cuts in place for individuals earning less than 400-thousand or couples making less than 450-thousand...And unemployment insurance would be extended for a year for some two-million people.
The legislation now heads to the House for final approval. The House is scheduled to reconvene at noon today and expected to take up the measure again.
The proposal passed in an 89 to eight vote. The Senate package would keep the expiring Bush-era tax cuts in place for individuals earning less than 400-thousand or couples making less than 450-thousand...And unemployment insurance would be extended for a year for some two-million people.
The legislation now heads to the House for final approval. The House is scheduled to reconvene at noon today and expected to take up the measure again.
