“The tax side of the ‘Fiscal Cliff’ has been averted. The U.S. senate overwhelmingly passed legislation to avert the so-called fiscal cliff on January 1, 2013 by a vote of 89 to 8, sending the American Taxpayer Relief Act of 2012 to the House, where it was similarly approved on January 1, 2013 by a vote of 257 to 167.” (CCH, 2013)
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Congress Approves Eleventh-Hour Agreement To Avert Fiscal Cliff