U.S. Senate Approves “Fiscal Cliff” Deal that Raises Taxes and has Virtually No Spending Cuts; Faces House Today; Marco Rubio, Rand Paul Vote “No” – 1//1/13

The Drudge Headline this morning, linking to this Breitbart story, pretty well says it all about the “Deal” passed by the U.S. Senate (89-8) last night to supposedly avoid the “Fiscal Cliff.” But the real “Cliff” of mounting debt and out-of-control spending by the Federal Government is still out there. It’s interesting to note that Sen. Marco Rubio and Sen. Rand Paul voted “No” on the deal. Both are possible GOP Presidential Candidates for 2016.

The House of Representatives has not yet voted on the “Deal,” and conservative House Republicans are not happy about the increase in taxes and almost complete lack of spending cuts in the deal worked out by Vice-President Joe Biden and Senate Minority Leader Mitch McConnell.

UPDATE 11:30 AM ET: Over at Hot Air, Ed Morrissey thinks the House Republicans will “grudgingly” go along with this deal. But Ed sees a possible “silver lining” in the deal for Republicans:

“The deal did not include any resolution on either the sequester or the debt limit. If there is a silver lining for Republicans, it’s that they have successfully delinked tax rates and spending issues in this fight. The next round of bargaining will deal only with government spending, and House Republicans will have the debt ceiling as a powerful card to play.

With the Senate voting 89-8 in favor of the bill, I’d guess that House Republicans will grudgingly go along with the deal, with a big assist from House Democrats this time around. They have until tomorrow to get the deal done in this session of Congress, though, so expect to hear plenty of debate first. . . .”

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