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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US "Fiscal Cliff" Bill passes though House

The US "Fiscal Cliff" Bill vote has passed through the House of Representitives after enough yes votes saw it move beyond the threshold for approval. US House Speaker John Boehner was among those voting yes in the vote. Some 217 votes were needed.

With counting still taking place, current totals stand at 257 yes and 167 no.

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