fiscal cliff

Obama Signs Fiscal Cliff Bill From Hawaii

U.S. President Barack Obama makes a statement alongside U.S. Vice President Joseph R. Biden (L) in the White House Briefing Room following passage by the House of tax legislation on January 1, 2013 in Washington, DC. The House and Senate have now both passed the legislation, averting the so-called fiscal cliff.
Photo: Brendan Hoffman/Getty Images

It’s official: The bill passed by Congress on Wednesday to raise taxes on the rich and keep tax cuts in place for everyone else (a.k.a. the fiscal cliff deal) is now a law, after President Barack Obama signed it sometime around midnight, Eastern Standard Time. After all that 11th-hour drama and posturing to get a deal worked out, the president didn’t even have to leave his Hawaiian vacation to sign it into law. Per the AP: “Obama, who is vacationing in Hawaii, signed the bill using an autopen, a mechanical device that copies his signature.

Obama Signs Fiscal Cliff Bill From Hawaii