U.S. House may not vote on any fiscal cliff deal before January 1
WASHINGTON (Reuters) - The U.S. House of Representatives may not vote on any Senate-passed "fiscal cliff" deal until after Monday's midnight EST deadline (0500 on Tuesday), a Republican leadership aide said.
The aide said any negative fallout from delaying a vote until Tuesday, New Year's Day, would be minimal since financial markets would be closed.
The aide noted, "We still don't have a bill from the Senate and we want members to read it before they vote on it."
(Reporting by Thomas Ferraro and David Lawder; Editing by Will Dunham)
- Tweet this
- Share this
- Digg this
- Indian firms tool up for defence orders on Modi's 'buy India' pledge
- U.S. strikes have slowed Iraq militants but not weakened them - Pentagon
- India to tighten up banking risk management - Jaitley
- Chopra joins Tendulkar-owned team in new Indian league
- China economy fears deepen as August HSBC flash PMI at three-month low
Finance Minister Arun Jaitley said on Thursday that the government was working to tighten up risk management in the banking sector, responding to recent scandals that have raised doubts about lending practices at state banks. Full Article