Senate approves fiscal cliff deal
POSTED: Tuesday, January 1, 2013 - 7:21am
UPDATED: Tuesday, January 8, 2013 - 10:29pm
CNN — The Senate overwhelmingly approved a fiscal cliff deal early Tuesday.
The proposal passed in an 89 to eight vote.
The Senate package would keep the expiring Bush-era tax cuts in place for individuals earning less than $400,000 or couples making less than $450,000.
And unemployment insurance would be extended for a year for some two-million people.
The legislation now heads to the House for final approval.