Late Tuesday night, the Republican-controlled U.S. House of Representatives voted 257-167 to approve a measure which will avoid the so-called ‘fiscal cliff,’ after it was approved by the Senate.

The bill (HR8), which President Obama has promised to sign, contains several tax increases including on those who make more than $400,000 a year, a move which will undoubtedly prove devastating to small businesses.

Additionally, the measure, rather laughably dubbed the American Taxpayer Relief Act of 2012 increases the estate tax as well as capital gains taxes.

However, the legislation contained virtually no spending cuts and will extend unemployment benefits for another year.

View the details of HR8…

The most conservative members of the House voted against the measure which basically gave the Democrats everything they wanted and does nothing to address our ever-growing national debt.

In fact, the bill passed with more Democrat support than Republican.

The following Republican Congressmen voted for the bill:

Alexander
Barletta
Bass
Benishek
Biggert
Bilbray
Boehner
Bono Mack
Brady
Buchanan
Calvert
Camp
Coble
Cole
Crenshaw
Denham
Dent
Diaz-Balart
Dold
Dreier
Emerson
Fitzpatrick
Fortenberry
Frelinghuysen
Gallegly
Gerlach
Gibson
Grimm
Hanna
Hastings
Hayworth
Heck
Herger
Herrera Beutler
Johnson (IL)
Johnson (OH)
Kelly
King (NY)
Kinzinger
Kline
Lance
LaTourette
Latta
LoBiondo
Lucas
Luetkemeyer
Lungren
Manzullo
Marino
McKeon
McMorris Rodgers
Meehan
Miller (MI)
Miller, Gary
Murphy
Noem
Pitts
Platts
Reed
Reichert
Ribble
Rogers (KY)
Rogers (MI)
Ros-Lehtinen
Royce
Runyan
Ryan
Schock
Shimkus
Shuster
Simpson
Smith (NJ)
Smith (TX)
Stivers
Sullivan
Thompson
Thornberry
Tiberi
Turner
Upton
Walden
Womack
Young (AK)
Young (FL)

Most notably, House Majority Leader Eric Cantor (R-VA) voted against it, while House Speake John Boehner (R-OH) supported the bill.

See the complete list…

In short, Obama got exactly what he wanted and the Republicans (or at least enough of them) caved…again.

Source:  Washington Examiner, by Dave Gibson