'Fiscal cliff deal brings no relief to struggling Americans'
RT Published on Jan 2, 2013
The U.S. House of Representatives has approved a controversial bill, designed to prevent the country from potentially sliding back into recession. The fiscal cliff deal - passed earlier by the Senate - will prevent nationwide tax hikes and spending cuts from coming into force, at least for the time being.
The House Republicans wanted to amend the bill, but then decided they didn't have enough support to make last-minute changes to the motion. The tug-of-war over the text revolved around a Democrat-promoted increase in income tax for the rich - for the first time in two decades. But analyst Lawrence Freeman says, that in the long run, this bill won't make life any easier for millions of struggling Americans.