With final vote, U.S. Congress resolves "fiscal cliff" drama


WASHINGTON (Reuters) - The U.S. Congress approved a rare tax increase on Tuesday that will hit the nation's wealthiest households in a bipartisan budget deal that stops the world's largest economy from falling into a deep fiscal crisis and recession.

By a vote of 257 to 167, the Republican-controlled House of Representatives approved a bill that fulfils President Barack Obama's re-election promise to raise taxes on top earners.

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