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Transcripts For KTVU Ten OClock News 20130102

You are looking live at the u. S. Capital where the impasse over taxes is finally over. The house voted at 11 00 p. M. Washington time and approved a deal averting the dreaded fiscal cliff. Good evening everyone im frank somerville. And im julie haener. The fiscal cliff is now a done deal. The president spoke 20 minutes later. A central premise of my campaign for president was to change the tax code that was too skewed toward the wealthy at the expense of working middle class americans. Tonight weve done that. Reporter and tonight taxes on the wealthiest americans are going up. But in the end, neither democrats nor republicans got all of what they wanted. Ktvus Jana Katsuyama here now to show us how the compromise finally emerged. Frank, the house finished voting on the fiscal cliff agreement just about two hours ago and has passed the Senate Version without any changes. Let me show you the numbers, 257 yes votes and 167 no votes. After what turned out to be a bitter battle. The motion

Transcripts For KICU 10 OClock News 20130102

Too skewed toward the wealthy at the expense of working middle class americans. Tonight weve done that. Reporter and tonight taxes on the wealthiest americans are going up. But in the end, neither democrats nor republicans got all of what they wanted. Ktvus Jana Katsuyama here now to show us how the compromise finally emerged. Frank, the house finished voting on the fiscal cliff agreement just about two hours ago and has passed the Senate Version without any changes. Let me show you the numbers, 257 yes votes and 167 no votes. After what turned out to be a bitter battle. The motion is adopted without objection. Reporter the vote came after a day of high drama and political power plays. Pressure was on the republican controlled house to pass the bill or chance bearing the blame for tax cuts and spending cuts that could send the nation back into a special session. In a vote of 898. Reporter the gop while upset the bill didnt spend more spending cuts finally cuts finally gave up on an ame

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