The US Senate has passed a compromise measure to partially avert the so-called government 'fiscal cliff'. The Senate measure, which primarily addresses 'fiscal cliff tax increases', now goes to the House where it may encounter significant push-back. Congressional leaders have agreed to address the 'spending cuts' portion of the fiscal cliff within the next two months. Under the Senate compromise deal, unemployment benefits will remain in place.
Senate Approves Fiscal Cliff Legislation 89-8
Senate Approves Fiscal Cliff Legislation 89-8
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