House Passes Fiscal Cliff Bill; Obama Says He Will Sign It
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The U.S. House of Representatives late Tuesday passed a bill, 257-167, to avoid the “fiscal cliff.” President Barack Obama said he will sign the bill into law.
The bill passed with a majority of Democrats, 172-16, and a minority of Republicans, 85-151. It was negotiated by Senate Minority Leader Mitch McConnell (R-Ky.) and Vice President Joe Biden and easily passed the Senate, 89-8, early Tuesday morning.
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