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U.S. Fiscal Deal Facts


U.S. FISCAL DEAL FACTS

  • Raises $600 billion over 10 years through higher taxes on wealthier Americans
  • Delays by two months billions of dollars in mandatory defense and domestic spending cuts
  • Extends farm bill provisions to prevent a spike in milk prices
  • Blocks cuts to payments for doctors who treat elderly Americans
  • Extends unemployment benefits to 2 million people for one year
  • Cancels a $900 cost-of-living raise for members of Congress
  • Extends child tax credits, and those for college tuition and renewable energy
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