Fiscal Cliff Bill Passes Congress

On New Year’s Day, the House of Representatives passed H.R. 8, the American Taxpayer Relief Act of 2012, to avoid going over the “fiscal cliff.” The final vote was 257-157, passing with 172  Democrats and 85 Republicans. (The bill passed the Senate at 2 am on New Year’s Day by a vote of 89-8.)

The final package included tax policies, a two month delay on the sequestration and a one year fix to the Sustainable Growth Rate.

Below are some documents on the package that passed Congress – including the bill, a Congressional Budget Office score, a summary and more.

 

American Taxpayer Relief Act Copy

One-Pager on America Tax Relief Act

Offsets Summaries – American Tax Relief Act

Extender Summaries – American Tax Relief Act

CBO Detail on SenateHR8-TitleVI

Joint Committee on Taxation – Estimated Revenue Effects of HR 8 the American Taxpayer Relief Act of 2012

White House Summary on Fiscal Cliff

This entry was posted in Fiscal Cliff, Medicare, Sequestration, SGR Fix by Hilary Hansen. Bookmark the permalink.
Hilary Hansen

About Hilary Hansen

Hilary M. Hansen is a senior government relations manager in Drinker Biddle & Reath's Washington, D.C., office. She focuses on grassroots and advocacy outreach, with an emphasis on assisting nonprofits and associations. Hilary has worked with nonprofit patient advocacy groups and private and nonprofit health systems to draft and implement legislative strategies, particularly related to appropriations and Medicare-related legislation. She has designed advocacy capacity building strategic plans for organizations that include Capitol Hill days, coalition building and grassroots advocacy. Hilary also advocates on behalf of clients before Congressional offices and Committee staff. Hilary has extensive experience with Capitol Hill Days, serving as the point person on logistics and scheduling. She speaks frequently on the importance of advocacy and how to become a grassroots advocate.

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