US Senate passes temporary Fiscal Cliff deal

2013-01-01 13

The US Senate has approved legislation aimed at averting the "fiscal cliff" by stopping most tax hikes and across-the-board spending cuts that were due to begin with the new year.

The deal was approved early on Tuesday, about two hours after the midnight deadline at which the automatic tax hikes and spending cuts came into effect.

Al Jazeera's John Terrett reports from Washington DC.