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Latest updates: House approves fiscal cliff bill
CNN Political Unit
(CNN) - Two hours after their midnight deadline, the Senate overwhelmingly passed a last-minute deal Tuesday to avert the feared fiscal cliff on a 89-8 vote.
The Senate package (PDF) would put off budget cuts for two months and preserve Bush-era income tax cuts for individuals earning less than $400,000 or couples earning less than $450,000. For a timeline of yesterday's action, click here.
The measure now goes to the House where, after a day of uncertainty, Republicans leaders ultimately decided not to try and tack on an amendment to the Senate version. The House is scheduled to vote on the bill late Tuesday night. Check back on this page for the latest updates.