Source:Xinhua Published: 2013-1-2 10:28:00
The US House of Representatives passed a Senate bill on "fiscal cliff" Tuesday night, giving the final congressional approval to the bipartisan compromise.
Dropping its last-ditch attempt to reshape the deal, the House will vote on the unchanged Senate version, the report said.
The plan, which was overwhelmingly endorsed by the Democrat-led Senate in the early hours of the new year, would extend current tax rates for most American households and postpone the automatic spending cuts for two months.
A House endorsement would give the final congressional approval to the bipartisan compromise.