The House voted late last night to accept the Senate 'fiscal cliff' compromise and avoid the tax hikes that were supposed to go into effect yesterday. The bill shields people earning less than 400-thousand dollars a year from tax increases, and it extends unemployment benefits for roughly two million people, but it does not raise the so-called debt ceiling. In two months, the government will reach its limit on borrowing unless Congress acts. It also did not extend a temporary two-percent cut in the social security tax that was meant to boost consumer spending during the recession.
Today's Indianapolis Star reports two members of Indiana's congressional delegation – Democrats US Senator-elect Joe Donnelly from the 2nd District in northern Indiana and Representative Andre Carson from the 7th District in Indinapolis – voted in support of the Senate version of the "fiscal cliff" bill, which passed the House 257-167. Democrat Pete Visclosky from the Region's 1st District voted no. Also voting no were Representatives Marlin Stutzman, 3rd District; Todd Rokita, 4th District; Indiana Governor-Elect Mike Pence, 6th District;. Larry Bucshon, 8th District; and Todd Young, 9th District. Reports say retiring 5th District US Representative Dan Burton did not vote on it.
Indiana US Senators Dan Coats and Richard Lugar voted for the legislation Tuesday morning.