The House Passes Bill to avert Fiscal Cliff

From Politico

The House has passed a bill to avert the fiscal cliff, 257-167, sending the bill to President Barack Obama and ending a dramatic New Year’s Day showdown over income taxes and deep federal spending cuts. The bill — which would allow tax rates on upper income Americans to jump, makes permanent middle class tax cuts, extends unemployment benefits and overhauls a variety of other tax and spending measures — passed the Senate early in the morning on New Year’s Day on an 89-8 vote.

The passage of this bill was done with majority support from Democrats and the support of 85 Republicans; including notable Republicans Speaker Boehner and Paul Ryan.

President Obama will sign this bill into law tomorrow!

What’s next???

  • Avoiding the sequestration cuts and coming up with cuts that are responsible and will not hurt the economy and Americans
  • Raising the Debt Ceiling
As always….

If there is something to be said, “It’s On Broadway” to step up and say it!!

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Author: Bobby Broadway

Born and raised in the Borough of Queens; with the backdrop of Manhattan only a stones throw away. I'm a college educated man with Independent thought, who is not afraid of an debate. It's very simple, you respect me and I will respect you...

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