Senate approves 'fiscal cliff' deal, sends it to House

Hours before a midnight deadline Monday, the White House reached a tentative deal with Congress to stop an enormous tax hike for all but the wealthiest households and to postpone for two months tough decisions on how to cut federal spending.

By Lisa Mascaro, Kathleen Hennessey, Michael A. Memoli and John Fritze, Tribune Newspapers

January 1, 2013