Monday, December 31, 2012

Reuters: Regulatory News: Democratic U.S. senators see support for 'fiscal cliff' deal

Reuters: Regulatory News
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Democratic U.S. senators see support for 'fiscal cliff' deal
Jan 1st 2013, 04:03

WASHINGTON | Mon Dec 31, 2012 11:03pm EST

WASHINGTON Dec 31 (Reuters) - Democratic senators emerged from a meeting with Vice President Joe Biden late on Monday saying there was strong support for quickly passing legislation aimed at averting the fiscal cliff.

Senator Joseph Lieberman, an independent from Connecticut, and Senator Charles Schumer, of New York, who is a member of the Senate Democratic leadership, both said the Senate would aim to pass the newly struck deal by a midnight (0500 GMT Tuesday) deadline.

If it passes the Senate, the House of Representatives would still have to approve it. A vote in that chamber could come on Tuesday.

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