User uShare Login | Register
Login
Register

Along with posting photos, videos, and stories, your uShare account lets you post Classified Ads, recipes on What's For Dinner, and Announcements.


35° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

KELOLAND.com | Sioux Falls News & Weather, South Dakota News & Weather, Minnesota and Iowa News

[0] My Saved Articles
Back to all news

Politics

Find local businesses
on the KELO Pages!

 

House Passes Fiscal Cliff Legislation

January 1, 2013, 10:02 PM by Anna Peters

House Passes Fiscal Cliff Legislation
WASHINGTON, DC -

Legislation to block the "fiscal cliff" is headed to the White House for President Barack Obama's signature. The bill will avoid, for now, the major tax increases and government spending cuts that had been scheduled to take effect with the new year.

Final approval came in the House on New Year's Night. The vote was 257 to 167.

The Senate passed the bill less than 24 hours earlier.

The measure raises tax rates on incomes over $400,000 for individuals and $450,000 for couples, a victory for Obama.

It also extends expiring unemployment benefits for the long-term jobless, prevents a cut in fees for doctors who treat Medicare patients and cancels a $900 pay increase due to lawmakers in March.

Another provision is designed to prevent a spike in milk prices.

Previous Story

Next Story


Sponsored
Find Local Businesses on KELO Pages!

View politics

You may also like

SF City Council Considering Billboard Moratorium

3/24/2015 5:02 PM

You may have noticed more billboards going up in Sioux Falls. A new zoning ordinance allows the signs in more places, and some people don't like i...

Full Story | Watch
MN House Passes Tipped Employees Wage Bill

3/24/2015 7:51 AM

The move comes just a year after the first minimum wage increase in nearly a decade bumping the Minnesota's floor wage up to $9.50 an hour by 2016...

Full Story
Lawmakers To Gather In Pierre To Consider Governor's Vetoes

3/28/2015 12:05 PM

State lawmakers are set to consider reviving the three tax-related proposals that Gov. Dennis Daugaard vetoed after the 2015 legislative session's...

Full Story
Senate Overrides Veto Of Electric Cooperative Tax Proposal

3/30/2015 11:04 AM

The South Dakota Senate has voted to override the governor's veto of a measure that would have slightly reduced the amount of tax burden on rural ...

Full Story
Veto Of Plan To Gather Rental Property Data Will Stand

3/30/2015 11:08 AM

The South Dakota Senate has failed to override the governor's veto of a measure that would have helped determine whether South Dakota's proper...

Full Story


Events