US Senate passes bill to avert 'fiscal cliff' tax hikes

US Senate passes bill to avert 'fiscal cliff' tax hikes

Coming together in the early hours of 2013, the US Senate overwhelmingly passed a last-gasp bill Tuesday to avert huge tax increases and draconian spending cuts making up the so-called “fiscal cliff.”

Lawmakers voted 89-9 to approve the measure, which now goes to the House of Representatives where it faces a less certain fate, although the chamber’s Republican Speaker John Boehner said he would bring the bill to the floor soon.

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