On the heels of the Senate's last-minute fiscal cliff deal, agreement to stave off the harshest and most immediate consequences of the cliff won approval in the House.
The House voted 257-167 for it. President Barack Obama said he would sign the law, the battle over which foreshadowed more fights with Congress over spending.
A full two hours after a midnight deadline, the U.S. Senate overwhelmingly passed a deal Tuesday to avert the feared fiscal cliff of tax increases and spending cut.
The bipartisan bill passed 89-8.
The fiscal cliff is overrated by some measures. It's just the beginning, by others.
The economy won't cease to exist if the cliff is breached. However, prospects for a long-term recovery - and the political system's ability to institute positive change - are in doubt.
Senate Majority Leader Harry Reid (D-Nev.) said we are more than likely headed over the fiscal cliff and called the GOP-controlled House of Representatives a "dictatorship."
An extremely poor one, but a dictatorship just the same.
Still reeling from the 2012 presidential election, C. Montgomery Burns of The Simpsons fame took a few minutes to explain the upcoming Fiscal Cliff this week.
You have to give the tycoon credit for moving on in the wake of Mitt Romney's defeat to bring America up to date on January 1's impending financial calamity.
President Barack Obama is expected to make his case for avoiding the approaching "fiscal cliff" this, but the White House is hoping Americans will chime in on Twitter.
Using the White House's new #My2K hashtag, of course.
America is rapidly approaching the so-called Fiscal Cliff. Maybe you heard.
Sign the secession petitions, because this is going to be an epic disaster.
