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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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Vice president Biden 'feels very good' about fiscal cliff vote

US Vice President Joe Biden said he feels "very good" about how the vote on the fiscal cliff would turn out.

After months of negotiation and argument, the White House and Senate reached an agreement that would delay spending cuts by two months, according to administration sources.

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