Wednesday, January 2, 2013

Obama hails tax bill, warns GOP not to pick fight on debt ceiling

President Obama hailed the sweeping bipartisan tax deal Tuesday night as "one step in a broader effort" to strengthen the nation's economy, saying it prevented a middle-class tax hike that could have sent the economy back into recession.
The president, taking a victory lap after fulfilling a campaign promise to raise taxes on the wealthy, spoke less than an hour after the House approved the tax deal, 257-167, in a rare New Year's Day vote.

Read more: http://thehill.com/homenews/administration/275123-obama-hail-cliff-deal-but-warns-gop-on-debt-ceiling

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