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
- World holds its breath, mostly hoping Scots vote "No"
- Scotland's independence vote: How will the results come?
- Chinese hackers breach U.S. military contractors -Senate probe
- UPDATE 1-Apple to unveil new iPads, operating system on Oct. 21 - report
- Chinese hacked U.S. military contractors, Senate probe finds
The Federal Reserve renewed its pledge to keep interest rates near zero for a "considerable time," but also indicated it could raise borrowing costs faster than expected when it starts moving. Article | Factbox
China cenbank injects $81 bln into major banks to support economy - reports Full Article