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Key Provisions of Fiscal Cliff Agreement

Key Provisions of Fiscal Cliff Agreement

H.R. 8: American Taxpayer Relief Act of 2012 SUMMARY:   The 112th Congress was recently dubbed the “Do Nothing Congress” for the minimal amount of legislation enacted during the two-year session. Two hours after going over the Fiscal Cliff at midnight on January 1, the Senate voted 89-8, and the House of Representatives voted 257-167 to pass the American Taxpayer Relief Act of 2012 to reverse some of the measures which may have had a severe negative impact upon the…

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