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House will vote on Senate-passed 'cliff' bill

2 years ago January 01, 2013 Jan 1, 2013 Tuesday, January 01 2013 Tuesday, January 01, 2013 7:17:59 PM EST in News
Source: Associated Press

WASHINGTON - Republicans are dropping their demands for additional spending cuts and will hold a House vote on whether to give final congressional approval to the Senate-approved compromise averting "fiscal cliff" tax increases and spending cuts.

The House vote was expected Tuesday evening.

A decision by the Republican-run House to amend the Senate-passed bill would have complicated prospects for final congressional passage of the measure. Senate Democratic aides have said the Democratic-led Senate, which overwhelmingly approved the compromise early Tuesday, would not return to vote on an amended version of the measure.

The measure would allow tax increases on the highest-earning Americans, but retain decade-old income tax cuts for everyone else.

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