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"Fiscal cliff" deal reached between White House, lawmakers: source Jan 1st 2013, 02:42 - Tweet
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A man walks past the U.S. Capitol Building in Washington December 17, 2012. Credit: Reuters/Joshua Roberts WASHINGTON | Mon Dec 31, 2012 9:16pm EST WASHINGTON (Reuters) - The White House and congressional lawmakers have reached a deal to avoid the "fiscal cliff" that would delay harsh spending cuts by two months, an Obama administration source said on Monday. The source said Democratic Senate Majority Leader Harry Reid and House of Representatives Minority Leader Nancy Pelosi had signed off on the deal. The agreement includes a balance of spending cuts and revenue increases, the source said. (Reporting by Jeff Mason and Mark Felsenthal; Editing by Eric Walsh) - Tweet this
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