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| US President Barack Obama (R) delivers a statement at the White House in Washington DC., the United States, Jan. 1, 2013. The U.S. House of Representatives passed a Senate bill Tuesday night, giving the final congressional approval to the bipartisan compromise to avert the "fiscal cliff". (Xinhua/Zhang Jun) |
WASHINGTON, Jan. 1 (Xinhua) -- The U.S. House of Representatives passed a Senate bill on "fiscal cliff" Tuesday night, giving the final congressional approval to the bipartisan compromise.
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U.S. Senate "fiscal cliff" bill adds 4 trillion USD deficit: CBO
WASHINGTON, Jan. 1 (Xinhua) -- The Congressional Budget Office (CBO) on Tuesday said the Senate-passed bill to avert the "fiscal cliff" would add roughly 4 trillion dollars to federal deficit over a decade, largely because it would extend low tax rates for most Americans. Full story
U.S. Congress misses "fiscal cliff" deadline despite Senate bill
WASHINGTON, Jan. 1 (Xinhua) -- The U.S. Senate passed a plan to avert the "fiscal cliff" at midnight Monday, which would extend current tax rates for most American households and postpone the automatic spending cuts that threaten a new recession. Full story
U.S. Senate passes "fiscal cliff" deal
WASHINGTON, Jan. 1 (Xinhua) -- The U.S. Senate passed a plan to avert the "fiscal cliff" at midnight Monday, which would extend current tax rates for most American households and postpone the automatic spending cuts that threaten a new recession. Full story
Commentary: Over the "cliff," the real devil is "fiscal abyss"
BEIJING, Jan. 1 (Xinhua) -- After coming too dangerously close to the "fiscal cliff," U.S. politicians have reportedly reached a deal to avoid sharp tax increases and deep spending cuts. Full story
White House, Republicans reach deal on fiscal cliff: U.S. media
WASHINGTON, Dec. 31 (Xinhua) -- The White House and Senate Republicans have reached a deal to avert the "fiscal cliff," U.S. media reported Monday night. Full story
Commentary: Frustrating fiscal talks expose deficiencies of U.S. political system
BEIJING, Jan. 1 (Xinhua) -- The American people were once better known for their ability to make tough choices on difficult issues. Full story
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