January 23, 2020

Senate Passes Fiscal Cliff Deal- Farm Bill Concerns Noted

Categories: Budget /Farm Bill

Lisa Mascaro, Kathleen Hennessey and Michael A. Memoli reported today at the Los Angeles Times Online that, “The Senate voted overwhelmingly early Tuesday to approve legislation to halt a tax increase for all but the wealthiest Americans while postponing for two months deep spending cuts. The vote came just hours after the accord was reached between the White House and congressional leaders.

“After a rare holiday session that lasted through the New Year’s Eve celebration and two hours into New Year’s Day, senators voted 89-8 to approve the proposal. Three Democrats and five Republicans dissented, most prominently Sen. Marco Rubio (R-Fla.).”

The article noted that, “President Obama, in a statement released by the White House early Tuesday morning, said, ‘While neither Democrats nor Republicans got everything they wanted, this agreement is the right thing to do for our country and the House should pass it without delay.’

“The lopsided vote puts pressure on the House to swiftly follow suit to ensure the nation avoids the so-called fiscal cliff. As long as Congress is seen to be working toward a solution, no dire economic fallout is expected from the delay. The House is expected to bring the bill up Tuesday afternoon.”