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Nation awaits ‘fiscal cliff’ deal outcome after Senate approval

2013-01-01 22:46:03 (GMT) (JusticeNewsFlash.com - Featured, Justice News Flash)


01/01/2013 // West Palm Beach , Florida, US // JusticeNewsFlash // Justice News Flash // (press release)

Washington – Many are awaiting the outcome of discussions in the US House of Representatives regarding the passage of a Senate approved last minute measure to help avert the “fiscal cliff.” As reported by Reuters, the Senate voted 89 to 8 on the bill, which included an estimated $600 billion in tax increases and approximately $12 billion in spending cuts.

Some in the Republican controlled House have expressed discontent with the amount of tax increases in the measure.

Moderate Republican Representative Steve LaTourette, is quoted in the report as stating, “My recommendation would be not to take a package put together by a bunch of sleep-deprived octogenarians on New Year’s Eve.”

President Barack Obama is further quoted as saying in a statement urging the current bill’s passage, “There’s more work to do to reduce our deficits, and I’m willing to do it.”

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