Tentative ‘fiscal cliff’ deal reached in Senate

Vice President Joe Biden traveled to Capitol Hill Monday night to sell wary Democratic senators on an 11th-hour deal to avert income tax hikes on all but a sliver of the richest Americans. Grinning broadly, Biden ignored reporters questions on whether he and Republican Senate Minority Leader Mitch McConnell had finally forged a compromise to […]

Quoted from Tentative ‘fiscal cliff’ deal reached in Senate on Yahoo! News – Latest News & Headlines

Rich and poor, young and old alike would be affected by the tentative deal to ease or avoid the effects of the fiscal cliff. Everyone would pay higher ta, including the working poor but Tentative fiscal cliff deal reportedly reached. Highlights of a tentative agreement Monday between the White House and Senate Minority Leader Mitch McConnell, R-Ky., aimed at averting wide tax • The fiscal cliff is a scary term used to describe the estimated $700 billion of tax creases and spendg cuts that are slated to start after the New Year 2013. Tags: fiscal, cliff, united, capital, Details of the tentative fiscal The agreement is aimed at avertg wide tax creases and budget cuts scheduled to take effect the new year. A agreement was Monday to avoid the "fiscal cliff," but congress will not vote on the and will miss its midnight deadle. The measure would raise ta by about $600 billion over

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