Bernie Sanders just supported the fiscal cliff deal

[Tx4obama]

38. Here is 'some' of what The Senate bill that passed has in it

Happy New Year Republicans, Obama Just Cleaned Your Clock on the Fiscal Cliff

-snip-

Some on the left are already griping that the White House gave up too much by raising the income limit on the Bush tax cuts to $400,000-450,000, but here is what the president got in return for his minor concession:

– A permanent rise in tax rates to the Clinton era levels for all individuals making over $400,000 a year.

– A return to the Clinton era rates on capital gains.

– The Estate Tax will be set at 40% for those at $400,000 threshold with a $5 million exemption.

– A 5 year extension of the Earned Income Tax Credit, the Child Tax Credit, and the American Opportunity Tax Credit for low income Americans.

– All Obama small business tax breaks extended for another year.

– A full year extension of unemployment benefits.

– A nine month Farm Bill.

– A permanent patch for the Alternative Minimum tax.

-snip-

Full article here: http://www.politicususa.com/happy-year-republicans-obama-cleaned-clock-fiscal-cliff.html

Also the bolded stuff below that wasn't listed above...

The agreed-upon measure will extend Bush-era tax cuts for family incomes below $450,000 and individual incomes below $400,000. Clinton-era tax rates of 39.6% will be instituted for income above these thresholds. It is expected to raise $600 billion over 10 years.

The deal also includes a two-month delay on sequestration, with a 50-50 mix of spending cuts and revenue to pay for the $24 billion it will cost. Approximately half of the cuts will come from defense spending.

The estate tax rate will be 40% with the exemption limit being set at the first $5 million of income, indexed for inflation. Tax rates on capital gains and dividends will be set permanently at 20%.

The deal will also include a one-year “doc fix,” which will prevent cuts in provider payments through Medicare, but will not be financed by the Affordable Care Act. A one-year extension of the federal unemployment insurance program was also part of the package. The 2% payroll tax cut will expire.

Unexpectedly, the deal will stop annual Congressional pay raises.

The “Dairy Cliff” will be avoided as well, with an included 9-month partial extension of the U.S. Farm Bill to keep dairy prices from doubling.

http://www.mediaite.com/tv/senate-overwhelmingly-passes-fiscal-cliff-compromise-with-2-a-m-roll-call-vote/

AND more here - fiscal cliff deal cheat sheet: http://www.washingtonpost.com/blogs/wonkblog/wp/2012/12/31/your-fiscal-cliff-deal-cheat-sheet/
Including...

— The 2009 expansion of tax breaks for low-income Americans: the Earned Income Tax Credit, the Child Tax Credit, and the American Opportunity Tax Credit will be extended for five years.