'Deal emerging' in fiscal cliff negotiations
A deal is emerging to avoid the "fiscal cliff", the remaining sticking point is automatic spending cuts according to reports from AP.
A deal is emerging to avoid the "fiscal cliff", the remaining sticking point is automatic spending cuts according to reports from AP.
Barack Obama has hailed a deal to avoid a "fiscal cliff" of stark tax hikes and spending cuts. The US House of Representatives backed the bill by 257 votes to 167.