Breaking News!!: United States House of Representatives passes ‘Fiscal Cliff’ agreement.


Washington, DC: The United States House of Representatives passes late Tuesday night a ‘Fiscal Cliff’ agreement that was earlier passed by the United States Senate late Monday night.

The ‘Fiscal Cliff’ agreement legislation keeps the ‘Bush Era Tax Cuts’ for individuals making less than $400,000.00 and couples making less that $450,000.00; makes permanent the fixes for the Alternative Minimum Tax; and delays government spending cuts for 2 months.

The ‘Fiscal Cliff’ agreement will now head to United States President Barack Obama.

Stay tuned to ZachNews for more information regarding this news story.

%d bloggers like this: