US Senate approves ‘fiscal cliff’ deal, crisis eased

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US Senate approves ‘fiscal cliff’ deal, crisis eased

Agreement raises taxes on household incomes over $450,000
Faces serious challenges from House Republicans
Congress misses own “fiscal cliff” deadline

http://www.ft.lk/2013/01/02/us-senate-approves-fiscal-cliff-deal-crisis-eased/

lokka1 · 2 Fiscal Cliff in USA avoided for now Wed Jan 02, 2013 2:07 pm

lokka1

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Both the Senate and the House of Reps. passed the bills needed to avoid the Fiscal Cliff. Obama will the sign it avoiding the Fiscal Cliff for the next two months.
Lokka1

Arena

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They are talking about 600 b Tax hike and spending cuts.........If not mistaken it is around 5% of their GDP or the gross income of USA.

I dont know how it can be true. Any way.........

These hikes are not good for foreign lovers in this forum who hate sri lanka and its governance. I think they have some thing to explain. Next is UK......Euro zone. I hope Ausi also will discuss the same thing by end of this year.....