(BBC) US House considers deal on fiscal cliff

A US Senate-backed deal [by a vote of 89-8] to stave off a “fiscal cliff” of drastic taxation and spending measures has passed to the House of Representatives.

President Barack Obama has urged the House to pass the bill “without delay”.

However, several representatives have spoken out against it, with one calling it “bad for America”.

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Posted in * Economics, Politics, Budget, Economy, House of Representatives, Medicare, Office of the President, Politics in General, President Barack Obama, Senate, Social Security, Taxes, The U.S. Government