CNNW CNN Newsroom January 2, 2013
After a late night vote in the house. Now president obama back on vacation in hawaii. He is prepared to sign this new bill preventing the widespread tax increases and those deep spending cuts. Thanks to the votes of democrats and republicans in congress, i will sign a law that raises taxes on the wealthiest 2 of americans while preventing a middle class tax hike that could have sent the economy back into recession and obviously had a severe impact on families all across america. So here are specifics on the bill. No income tax increases for couples making less than 450,000 a year. Itemized ded...