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The Boston Globe

Politics

Senate deal prevents tax hikes for many, delays spending cuts

WASHINGTON — The Senate overwhelmingly approved a deal early Tuesday that would prevent automatic income tax increases and briefly delay deep spending cuts, accelerating a scramble to spare the nation a possible recession.

The 89-8 vote, which came about two hours after a year’s end deadline, capped four days of stop-and-start negotiations. The deal would avoid tax hikes on nearly all working Americans while raising taxes on the wealthiest.

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