WASHINGTON: The US "fiscal cliff" crisis was finally averted on Tuesday as the House of Representatives approved a Senate bill that avoids tax hikes for most Americans and delays automatic spending cuts.
The bill, which raises taxes on households earning above $450,000 and delays spending decisions for two months, was approved by the House in a 257-167 vote and now goes to President Barack Obama's desk for signature.
Copyright AFP (Agence France-Presse), 2013
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