Obama returns to Hawaii after fiscal cliff vote

January 02, 2013 19:27

With the fiscal cliff deal done, US President Obama today returned to Hawaii to resume his traditional end-of-the-year vacation with his family.

Obama boarded Air Force One about 30 minutes after White House remarks applauding the House of Representatives vote to avert a series of tax hikes and budget cuts known as the fiscal cliff, USA Today reported.

The plan approved today maintains tax cuts for individuals earning less than US$ 400,000 per year and couples earning less than US$ 450,000.

It will raise tax rates for those who make more, marking the first time in two decades that the rates will jump for the wealthiest Americans.

« Back to LIVE

TOP STORIES

Manipur records 68% polling marred by violence, firing, booth capturing

At Thamnapokpi under Moirang constituency in Bishnupur district, armed men fired several rounds in the air near a polling booth prompting voters to flee, police said on Friday, adding additional security personnel were rushed to the spot...

Air India to soon have new crew management system

Air India will soon have a new crew management system that will help strengthen rostering rules and enable faster recovery from scheduled disruptions. In a message to the staff on Friday, Air India CEO and MD Campbell Wilson said that...

IPL PIX: Jadeja hits fifty but Dhoni steals the show

Images from the IPL 2024 match between Lucknow Super Giants and Chennai Super Kings.

Phase 1 sees 62.37% voter turnout, final figures on Saturday

"The voting percentage is likely to go upwards when reports from all polling stations are obtained as polling is scheduled till 6 pm in many constituencies. Final figures will be known on Saturday after the scrutiny of form 17A," the EC...

Gymnast Dipa Karmakar fails to qualify for Olympics in vault

Dipa Karmakar claimed a creditable fourth place in the women's vault final at the FIG Apparatus World Cup.