Obama signs cliff deal to boost taxes on wealthy

January 2, 2013 @ 9:19 pm

Associated Press

HONOLULU (AP) - President Barack Obama has signed a bill that boosts taxes on the wealthiest Americans, while preserving tax cuts for most American households.

The bill, which averts a looming fiscal cliff that had threatened to plunge the nation back into recession, also extends expiring jobless benefits, prevents cuts in Medicare reimbursements to doctors and delays for two months billions of dollars in across-the-board spending cuts in defense and domestic programs.

The GOP-run House approved the measure by a 257-167 vote late Tuesday, nearly 24 hours after the Democratic-led Senate passed it 89-8.

Obama, who is vacationing in Hawaii, signed the bill using an autopen, a mechanical device that copies his signature.


(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
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Comments (9)


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  • longwayhome wrote...
    boner and mcconell
    November 26, 2012 6:52 pm
    Have to go away. Far away where there is no cell phone service, send them on a loooooong vacation to a tropical island with a golf course and a lot of alcohol. That would suit both of them.
    { "Thumbs Up":"1","Thumbs Down":"-1" }
  • It's me! Ha ha! wrote...
    No different that before.
    December 3, 2012 1:24 pm
    The Dear Leader refuses to compromise. Comrade Obama will not give on this insanity of taxing the EVIL rich! It has been proven over and over again that tax increases will not pay for Obama's spending. It will make hardly a dent at best. A short lived on!

    This is all about you Left wing Parrots and your thirst for revenge. That is what you are told. Revenge on the rich that you have been programmed for years to think. You people think that you are going to "Stick it to the Man" for his or her successes and/or you people's failures.

    It's not anyone's fault that you are on welfare and dependent upon the Obama regime. It is yours and YOURS ALONE!

    { "Thumbs Up":"1","Thumbs Down":"-1" }
  • It's me! Ha ha! wrote...
    Well Parrots your Dear Leader get his tax increases!
    December 27, 2012 7:25 am
    Obama has refused to compromise. Refused to act on, other than attack, what the American people sent his way and now we all will be paying higher taxes thanks to your Dear Leader Obama!

    And all you Parrots here, Seattle Dbag, love this. It's all about your REVENGE! Pure and simple.

    { "Thumbs Up":"1","Thumbs Down":"-1" }
  • murr wrote...
    Ohh he is behind the american people
    December 28, 2012 2:14 pm
    Pushing us off the cliff that he lead us to. He and the rest (of the so called) leaders are just on the land side now, not the side they were leading us their from.
    { "Thumbs Up":"1","Thumbs Down":"-1" }
  • murr wrote...
    It's me! Ha ha! wrote
    December 28, 2012 2:18 pm
    I did hear someone say that if he got everything he wanted, It would only cover either 5 1/2 hours of debt or 5 1/2 days. Either way, wont amount to nothing, because spending is so bad.
    { "Thumbs Up":"1","Thumbs Down":"-1" }
  • C"mon Man wrote...
    Takes two to Tango
    December 28, 2012 6:20 pm
    Re-election does not equal a pass to spend more. People want their free stuff,trouble is their is more going out than coming in!
    { "Thumbs Up":"1","Thumbs Down":"-1" }
  • longwayhome wrote...
    republicans don't play well with others
    December 28, 2012 7:28 pm
    They grew up being the bullies on the playground, you know, the kids that didn't play sports because they were too fat and didn't fit in very well with the "normal" kids. They usually got the crap kicked out of them by the "normal" kids. They sought vengeance on the "normal" kids and decided to go into politics where they could make decisions for other people, the "normal" people. Well, that didn't turn out so well in 2012. The "normal" people decided that enough is enough and started kicking the republicans out of office. The republicans responded by being offended at such a thought that the American people didn't want them anymore, so they created a scenario where the American economy would fall over a "cliff" if they didn't get their way. Well, they lost another one. President Obama drew the line and said "This is it" compromise of go down in history as the worst party in the history of the U.S.A. Good luck, republicans, have a good holiday!
    { "Thumbs Up":"1","Thumbs Down":"-1" }
  • HPD 5-0 wrote...
    $16 TRILLION and growing, Barry.
    January 1, 2013 8:29 am
    What do you know about "what's right for our country"?
    { "Thumbs Up":"1","Thumbs Down":"-1" }
  • wsualumn wrote...
    HPD
    January 1, 2013 8:01 pm
    He knows a lot more about what is right for our country than the guy that you voted for in 2000 and 2004.
    { "Thumbs Up":"1","Thumbs Down":"-1" }
  • { "Thumbs Up":"1","Thumbs Down":"-1" }