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
11

Shares
1,327

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
Thursday, 16 August 2018 - 16:24
Mangroves play a critical role in maintaining the ecological balance in Sri Lanka's coastal areas.However, some money-hungry people do not understand this.Our... Read More
HiruNews
News Image
Hiru News Programme Segments
HiruNews
HiruNews
HiruNews
HiruNews
HiruNews
HiruNews
HiruNews
HiruNews
HiruNews
5,826 Views
HiruNews
HiruNews
HiruNews
10,227 Views
HiruNews
HiruNews
HiruNews
8,925 Views
HiruNews
HiruNews
HiruNews
23,334 Views
HiruNews
HiruNews
HiruNews
1,422 Views
HiruNews
HiruNews
HiruNews
56,416 Views
Top