Be the Spark!

contribute now

SHARE THIS SHOW:

OTHER SEGMENTS THIS HOUR:

RELATED CONVERSATIONS:

Suggest a Topic

RECENTLY ON TOL:

TOL Our Town

  • A tumblr site dedicated to the people and places that make up Oregon and Southwest Washington.

TAGS:

Three Oregon Congressmen Vote Against Fiscal Cliff Compromise

AIR DATE: Wednesday, January 2nd 2013
Download the mp3 for this show.

The U.S. House of Representatives passed a bill on Tuesday to avoid the so-called "fiscal cliff" — a combination of tax increases and spending cuts.

Sixteen Democrats voted against the measure, three of whom were from Oregon: Earl Blumenauer, Peter DeFazio, and Kurt Schrader.

In a statement, DeFazio said the deal "pushes the spending cuts back just two months, creating yet another fiscal cliff crisis that coincides with the debt ceiling limit."

The package does not include a reduction in Social Security payroll tax. So, most Americans will still end up paying more in taxes this year.

Would the fiscal cliff have affected you? Will the compromise deal?

Tagged as: congress · economy · fiscal cliff

Photo credit: Franck Vervial / Creative Commons

blog comments powered by Disqus
Thanks to our Sponsor:
become a sponsor
Web Analytics