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Congressman Owens Reacts To Approval Of 'Fiscal Cliff' Deal

Story Published: Jan 2, 2013 at 3:43 PM EDT

Story Updated: Jan 2, 2013 at 7:30 PM EDT

Washington D.C. struggled to get the job done, but the House of Representatives approved a bill Tuesday night that prevents automatic tax hikes for millions of Americans.

The measure raises taxes on families making more than $450,000 a year and extends long term jobless benefits for a year. 

The bill also delayed automatic spending cuts for two months. 

Those will be decided at the end of February. 

North country Congressman Bill Owens voted in favor of the bill.

"I thought that it was a reasonable compromise on the tax piece of the issue. I said all along that I was in favor of raising taxes between 250 and 500, came in at 450, so I was comfortable with that," said Owens (D. - 21st District).

Meanwhile, don't look for a bigger paycheck despite the "fiscal cliff" deal.

The bill passed by Congress does not include extending a Social Security payroll tax cut past the end of last year, so workers will now be paying about 2 percent more in Social Security taxes.
Saturday, May 25, 2013
, Watertown, NY

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