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FISCAL CLIFF DEAL APPROVED BY CONGRESS

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Update 11:15 p.m. - The Senate has approved the deal 89-8.  The House vote, up next, will not occur tonight.

Update January 2, 2013:  The House approved the Senate version Jan. 1 with no changes.  The President later signed the measure into law.

December 31, 2012 (San Diego's East County) -- It's now past midnight in Washington D.C., where Senate leaders in both parties and President Obama have reached a tentative agreement on a deal to avert the worst of the "fiscal cliff" impacts.  Though no vote was taken prior to the midnight year-end deadline, because tomorrow is a federal holiday, the worst of the impacts can yet be avoided if Congress takes action soon.  However the measure is expected to face opposition in the House, which Republicans control.

 

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