WASHINGTON (Reuters) – A deal worked out by U.S. Senate leaders to avoid the "fiscal cliff," was far from any "grand bargain" of deficit reduction measures. However when approved by the U.S. Home of Representatives, it may enable the nation avoid recession, though enough austerity might stay inside destination to probably keep the economy growing at a lackluster pace. The Senate approved a last-minute deal early Tuesday morning to scale back $ 600 billion inside scheduled taxes hikes plus government spending cuts which economists generally agree might tip the economy into recession. …
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