The legislation passed 277-148 just before midnight. Obama is expected to sign the measure.
"Congress made the right decision ... to prevent a job-killing tax hike on Americans and small businesses," said Rep. Dave Camp, R-Mich.
The proposal, which the Congressional Budget Office says will cost $858 billion over 10 years, extends income tax cuts for two years at all income levels, creates a 2-percentage-point cut in payroll taxes for one year and continues benefits for the long-term unemployed for 13 months.
[Via USA Today]
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