Congress yet to agree time for 'fiscal cliff' vote

Written By Unknown on Selasa, 01 Januari 2013 | 22.40

The Republican leader of the US House of Representatives said this afternoon no decision has been made on when his chamber will vote on the Senate-passed "fiscal cliff" bill.

Eric Cantor said: "We have not made a decision yet," as he emerged from the office of House Speaker John Boehner.

Mr Cantor said such a decision would be made soon, however.

It could come as early as later in the day. Congress is to reconvene at 12pm local time (5pm Irish time).

The US Senate last night approved legislation aimed at halting the imposition of billions of dollars of spending cuts and tax increases.

The deal came too late for Congress to meet its own deadline of yesterday to pass laws halting $600 billion in tax increases and spending cuts due to come into force today.

But as today is a holiday, Congress still has time to draw up legislation, approve it and backdate it to avoid the harsh fiscal measures coming into force.


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