Obama tax deal passed by US House

By ASSOCIATED PRESS
December 17, 2010 08:41

WASHINGTON — US President Barack Obama's sweeping tax cut compromise with opposition Republicans cleared a final hurdle overnight Thursday in the House of Representatives — an uncommon show of bipartisanship after years of political warfare.

Angered by what they saw as overgenerous breaks for the wealthy, liberal House Democrats had threatened to unravel Obama's deal, announced just 10 days earlier, to avert scheduled Jan. 1 tax increases and renew jobless benefits for victims of the worst recession in 80 years.

After Democratic critics forced a delay early in the day, the House battled over the measure late into the night before passing the bill 277-148 at about midnight EST Friday (0500 GMT). The Senate on Wednesday passed it by an overwhelming 83-15 margin.


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