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Cliff avoided: Congress staves off tax hikes

The past its own new New Year deadline, a tired sent congress President barack Obama who legislation, in order to avoid a country "fiscal cliff" middle class tax increases and spending cuts Tuesday night in a fight, nervous, the United States government divided big to the limits.
The two parties in 257-167 in the house of representatives vote on the bill through the seal hard-won political victory less than two months, and for his re-election President, at the same time calling for an increase in taxes on the rich.
Moments later, Obama strides into the White House press room, and announced, "because the republicans and the Democrats in congress votes, I will sign a law, increase the revenue of the richest 2% of americans with tax, and at the same time prevent may have the economy back into recession."
He talked about the vice President Biden (Joe Biden) in his side, identified as the main character of the democratic negotiation compromise negotiations and the senate republican leader MaiKangNaiEr Kentucky's former senator role.
In addition to the middle class and tax increases and spending cuts effect in the New Year, legislation will improve the rate of income more than $400000 and $450000 individual couple. This is more than $200000 and $250000, President Obama's campaign of threshold value. But it is worth noting that in swear party, increases in taxation, twenty years ago, dozens of republicans support the legislation on both ends of the parliament building.
89-8 vote less than 24 hours ago, the senate approved the measures and requirements in this period, rebellious house conservative vote increase significant measures to cut costs. But in the end they retreat.
Measures of the division of the house republican leadership high-level personnel.
Ohio speaker John boehner voted, and majority leader Eric cantor Virginia and California's representative Kevin McCarthy, the party's whip against the bill. Wisconsin Congressman Paul Ryan, in 2012 the party's vice presidential candidate, support measures.
The bill in the supporters say they feel it is a pity that special painting, and general, combined with the tax change and cut costs, in order to reduce the federal deficit plan are far apart. It is proved to be a step too far in the two months since the Obama called on congress to leaders in the White House after choose stab compromise.
At present, the relevant tax and spending in the seemingly endless struggle, for the next round of drill.
After the vote, Bernard said in a statement. "now work center of gravity to consumption. The people of the United States to elected house republican majority, we will use it in 2013 President held responsible for the" balance "way, he promised, this means that significant spending cuts and reform, and promote our country more and more deeply into debt due to plan".
Most republicans do our best to reduce the bill and tax, just because they gave up their needs every day from early supplementary cut costs bag.
"The republican tax cuts permanent, we step by step close to the comprehensive tax reform, will help strengthen our economy and create more for American workers and higher salary, said:" representative camp David Michigan tax write the ways and means committee chairman.
He urged vote through the "let us a step closer in the 2013 tax reform", and attempt to control spending.
House democratic leader Nancy pelosi said laws including "permanent duty reduction or exemption middle class", and she called of congress, the senate two party's support.
The bill will also prevent a matured extend unemployment benefit an estimated 2 million unemployed, stop a 27% cut costs who deal with medical treatment the patient's doctor, stop $900 salary increase for lawmakers to take effect from march and shut down a threat seconds kill milk prices.
This will stop the $2.4 billion across the board Settings take effect, in the next two months to cut spending, but only about half of the total and savings, will be offset by other parts of the budget.
Economic and political interests are considerable.
Economists warn that by the congress of the United States do not take action, tax increases and spending cuts, in the technical effect, New Year, can put the economy into a recession.
Even in legislation, tax is millions of rise.
A 2% temporary cuts to social security payroll tax, initially set two years to stimulate the economy, due at the end of 2012. Both Obama and republicans have made great efforts to enlarge it.
House republican spent many days, struggling to escape political corner, they found themselves "
"Personally, I hate it," California Congressman John Campbell said the measures, many republicans attention, it little or no voice to cut costs.
"Speak of the day after the election, and said, we will give on revenue, we have, but we want to cut costs. The bill spending increase. Are you kidding? Therefore, we have to increase taxes and increase spending? Come on."
Cantor told reporters that at one point, "I don't support the bill, however, we are looking for the best path."
In a few hours, the republican gave up the change of demand, and agreed to a simple yes or no vote in the senate bill.
They worry that, otherwise the senate sent up to the middle class and tax liability push intermediate state and saddle republican bill, refused to consider any change,. A senate democratic leader assistant said, majority leader Harry Reid (Harry Reid) will "never take bill", if the house changed it. The assistant to speak, one does not wish to disclose the name, reason is to keep the internal counsel.
Although Cantor's speech, borna early voting bill, he sought to negotiate the final crisis results of a two-year filled with no public comment.
Brief uprising isn't the first time, tea party into the house republican majority has since the establishment of against the republican control of the 24 months ago chamber. But as the day (Thursday) at the end of two years, probably is the last time. In the former case, by default, the government closed the threat is real, edge policy is economic urgency, leave the party is open to the public's strong reaction, if add tax effect of tens of millions of.
The nonpartisan congressional budget office said that the measure will increase nearly $4 trillion more than



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