U.S. Senate approves bill to avoid ‘fiscal cliff’
U.S. Senate on Tuesday,two hours after a Dec. 31 deadline had lapsed, approved legislation aimed at averting the “fiscal cliff” by stopping most tax hikes and across-the-board spending cuts that were due to begin with the new year.
The House of Representatives still has to approve the measure,possibly on Tuesday. Media agencies
Tuesday, January 1, 2013
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