Tuesday, January 1, 2013

Fiscal Cliff update - Eric Cantor does not support Senate bill

Rep. Eric Cantor - number 2 in the US House - says he does not support the Senate bill passed to avert the "fiscal cliff."

The Senate passed the measure early Tuesday by a sweeping 89-8 vote. House passage of the measure would send it to President Barack Obama for his signature.

The bill would increase taxes on family income exceeding $450,000 and delay across-the-board spending cuts for two months.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.