Fiscal Cliff Averted: House Passes Late-Night Bill

Obama says it's just 'one step' toward stronger economy

By Newser Editors and Wire Services

Posted Jan 1, 2013 7:42 PM CST | Updated Jan 1, 2013 10:31 PM CST

(Newser) – A weary Congress sent President Obama legislation to avoid the "fiscal cliff" of middle-class tax increases and across-the-board spending cuts late tonight, hours before financial markets reopen after the New Year's holiday. The bill's passage on a 257-167 vote in the House...   Read full story »

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