WASHINGTON (AP) — The House has given final approval to a bipartisan bill that will avoid a scheduled rise in income taxes for millions on Jan. 1.
The vote was 277-148 late Thursday on the legislation, which is the result of a compromise between President Barack Obama and top Republicans.
The bill also cuts Social Security taxes for nearly every wage earner in 2011, and renews a program of jobless benefits for the long-term unemployed.
The Senate passed the bill on Wednesday.
