OK, that was scary.
Congress has finally voted to approve a bill to avert a fiscal cliff that would have led to higher taxes on most Americans. It now heads to President Obama's desk for his approval.
The measure passed the House by a 257-167 vote late Tuesday. Speaker John Boehner was among the GOP lawmakers who voted yes for the plan.
Obama, before heading back to Hawaii to rejoin his family on vacation, chided both the House and Senate for its protracted tug of war over the vote, which frayed the nerves of many Americans.
"While I will negotiate over many things, I will not have another debate with this Congress over whether or not they should pay the bills that they've already racked up through the laws that they've passed," he said after Tuesday's vote. Obama said he hoped 2013 would see more bipartisan compromise in Washington "with a little bit less drama, a little less brinksmanship [and] not scare the heck out of folks quite as much."
The deal was in limbo for most of the day as House Democrats and House Republicans met separately to discuss the Senate plan. House Republicans decided to bring the measure up for a vote instead of trying to add an amendment to the Senate bill that would have added $300 billion in spending cuts.
Some top GOP lawmakers had concerns about the deal reached by the Senate. House Majority Leader Eric Cantor said earlier that he opposed the bill in its current form.
It is unclear when Obama will sign the measure.
The bill passed in the Senate early Tuesday morning, thanks in part to the efforts of Minority Leader Mitch McConnell and Vice President Joe Biden.
Lawmakers were under additional pressure to get the measure done quickly because a new Congress would have been sworn in on Thursday. If the bill didn't pass by then, the bill passed by the previous Senate would no longer apply and both the Senate and House would have had to go back to the drawing board.
Here’s what is in the bill passed by the Senate:
Here’s what’s not in the plan:
Download a .pdf of the full bill from CNN.com.
HLN's Jennifer Westhoven will have details on these provisions and what to expect from today's proceedings in the House on Morning Express with Robin Meade.
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Morning Express with Robin Meade airs Monday through Friday at 6 a.m. ET on HLN. Like the show on Facebook, follow on Twitter: @MorningExp.
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