Sides reach deal on ‘fiscal cliff’ taxes
Senate heads for night vote; House to take up bill today
Posted: January 1, 2013 at 12:49 a.m.
President Barack Obama and Senate Republicans reached a sweeping deal late Monday that would let income taxes rise significantly for the first time in more than two decades, fulfilling Obama’s promise to raise taxes on the rich and averting the worst effects of the “fiscal cliff.”
This story is only available from our archives.
Front Section, Pages 1 on 01/01/2013