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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

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Oct 4 4:00 PM EDT

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To: Mr. Aloha who wrote (42984)

1/2/2013 5:04:06 AM

From: Vendit™

of 202811

House approves 'fiscal cliff' deal; bill headed to Obama's desk

The House late Tuesday night voted to approve a sweeping tax deal to prevent the most significant effects of the "fiscal cliff," overcoming Republican resistance to raising income tax rates on the wealthiest earners.

The 257-167 vote culminated a day of high drama in the Capitol, as Republican leaders considered and then quickly abandoned a plan to attach steep spending cuts to a measure passed overwhelmingly by the Senate early Tuesday morning.

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