Voice of America: Obama Signs Fiscal Cliff Deal

Voice of America Voice of America is an international news and broadcast organization serving Central and Eastern Europe, the Caucasus, Central Asia, Russia, the Middle East and Balkan countries

Obama Signs Fiscal Cliff Deal Jan 3rd 2013, 09:53 U.S. President Barack Obama has signed a bill that raises taxes on wealthier Americans and preserves tax breaks for the middle class, while delaying billions of dollars in mandated spending cuts. The president signed the measure late Wednesday, a day after members of Congress passed the compromise legislation to avert the so-called "fiscal cliff." Obama said late Tuesday, after the bill cleared Congress, that it was "one step" in a broader effort to strengthen the ...

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