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BREAKING: Fiscal Cliff Package Passes House of Representatives.
Measure will move to President Obama for signature.
“House to vote on Senate-passed fiscal cliff bill in 9p ET hour tonight, aides say - WSJ”
No Surprise: GOP Anger Over Tax Deal Endangers Final Passage
“Lawmakers said that Representative Eric Cantor of Virginia, the No. 2 Republican, indicated to his colleagues in a closed-door meeting in the basement of the Capitol that he could not support the legislation in its current form. Many other Republicans were voicing stiff objections to a plan that they saw as raising taxes while doing little to rein in spending. Several conservatives assailed it on the House floor as the chamber convened at noon for an unusual New Year’s Day session.”
Source: The New York Times



