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U.S. Senators Pass Bill to Avoid Fiscal Cliff
Senators rang in the New Year on Tuesday morning by passing key, bipartisan tax hikes and spending cuts. "The vote... the yeas are 89, the nays are 8. Sixty vote threshold has been achieved. The bill as amended is passed." (Bangs gavel) The move helped the U.S. back away from a "fiscal cliff" that could have seen the onset of another recession for the world's biggest economy. Senators like Republican Mitch McConell were pleased that Democrats and Republicans came together over the bill.
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