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Senate Ushers In New Year With 'Fiscal Cliff' Deal

NPR | Jan. 1, 2013 6:44 a.m. | Updated: Jan. 1, 2013 7:50 a.m.

Contributed By:

Scott Horsley

NPR’s Scott Horsley has an update on the “fiscal cliff” negotiations. The U.S. Senate voted early Tuesday morning to avert a “fiscal cliff” with a deal that stops most tax hikes and delays automatic spending cuts. Senate passage set the stage for a final showdown in the House, where a vote was expected by Wednesday.

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