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Fiscal Crisis Ends, Decision Made by the House

Late yesterday evening the House of Representatives came to a decision to pass legislation that would avoid an increase in taxes on most Americans and decrease spending in the government.

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The decision was approved 257 to 167, with most Democrats supporting the bill.

The bill proposed will only increase taxes on the wealthy. This includes individuals who make $400,000 or couples who make $450,000 in a household. Now that the bill has been passed it will go to President Obama to be signed.

Read more at NY Times

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