Tierney Backs Fiscal Cliff Deal

The "fiscal cliff" deal reached Tuesday night will preserve some tax cuts and allow others to expire.

U.S. Rep. John Tierney joined a majority of the U.S. House of Representatives in passing the Senate's "fiscal cliff" deal Tuesday night, averting a potential calamity for many taxpayers and setting new tax rates for some. Tierney, D-Salem, represents the 5th Congressional District, which includes Danvers. He was reeelcted in November is a close and contentious election. Highlights of the agreement include: “President Obama and the Senate came to an agreement on a deal to prevent the country from going over the fiscal cliff," Tierney wrote in a statement Wednesday morning. "It was the only bill brought to the House floor for a vote and it is imperfect. However, this legislation is a first step and it will ensure that millions of middle-…

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