Hirunews Logo
HiruNews
HiruNews
HiruNews
President+Obama+praises+US+%27fiscal+cliff%27+deal
Wednesday, 02 January 2013 - 17:22
President Obama praises US 'fiscal cliff' deal
1,063

Views

US President Barack Obama has hailed a deal reached to avert a "fiscal cliff" of huge tax rises and spending cuts.

After the House of Representatives passed the bill by 257 votes to 167, Obama said the measures were "just one step in the broader effort to strengthen the economy".

It raises taxes for the wealthy and delays spending cuts for two months.

There had been intense pressure for the vote to be passed before financial markets reopened on Wednesday.

Financial markets have responded positively to the move.

Make a Comment
Make a Comment

DOWNLOAD HIRUNEWS APP ON ANDROID & APPLE
HiruNews
Friday, 20 April 2018 - 17:28
The Wildlife officials in Amparai have been able to rescue 3 wild elephant calves, roaming in the area.The elephant calves were located from the Maduru... Read More
HiruNews
News Image
Hiru News Programme Segments
HiruNews
HiruNews
HiruNews
HiruNews
HiruNews
HiruNews
HiruNews
HiruNews
HiruNews
292 Views
HiruNews
HiruNews
HiruNews
24,123 Views
HiruNews
HiruNews
HiruNews
2,608 Views
HiruNews
HiruNews
HiruNews
3,557 Views
HiruNews
HiruNews
HiruNews
361 Views
HiruNews
HiruNews
HiruNews
26,182 Views
Top