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DEAL! Democratic Aide: Fiscal ‘Cliff’ Deal Reached [9:00PM EST]


A Democratic aide says the White House and congressional Republicans have reached an agreement to avert the so-called fiscal cliff.

The measure would extend Bush-era tax cuts for family incomes below $450,000 and briefly avert across-the-board spending cuts set to strike the Pentagon and domestic agencies this week.

Vice President Joe Biden was set to sell the agreement to Senate Democrats at a meeting at the Capitol on Monday night.

The aide required anonymity because he wasn’t authorized to speak publicly.

(AP)



12 Responses

  1. “every other website”

    theyeshivaworld is quoting it from the AP which is one of the biggest and most quoted news sources. Also, Reuters has it.

  2. No-one knows more, but what is known is that whenever they do eventually finalize that which is being tacitly worked out today, it is going to retroactive from tonite, and you won’t be tumbling down the cliff, because the politicians don’t want to tumble down at mid-term elections November 2014.

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