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Obama hails US budget deal

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.

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Republican House Leader: I do not support Senate bill

The Republican leader in the US House of Representatives Eric Cantor has said he does not support the bill passed by the Senate to avert steep tax rises and spending cuts.

He said he was concerned about a "lack of spending cuts in the bill" and that Republicans in the House are searching for a way forward.

Mr Cantor expressed his unhappiness with the measure to reporters as he left a closed-door meeting with fellow House Republicans.

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