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The US Capitol dome and it's reflection are seen on Capitol Hill in Washington, DC on December 29, 2012. As the fiscal cliff deadline looms, Congress and the White House have still not reached a compromise. If no deal is struck by December 31 at midnight, taxes will automatically go up on both high earners and the middle class, and across-the-board spending cuts will go into effect. AFP PHOTO/Karen BLEIER (Photo credit should read KAREN BLEIER/AFP/Getty Images)
The US Capitol dome and it's reflection are seen on Capitol Hill in Washington, DC on December 29, 2012. As the fiscal cliff deadline looms, Congress and the White House have still not reached a compromise. If no deal is struck by December 31 at midnight, taxes will automatically go up on both high earners and the middle class, and across-the-board spending cuts will go into effect. AFP PHOTO/Karen BLEIER (Photo credit should read KAREN BLEIER/AFP/Getty Images)

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    Congressional leaders strike major budget deal

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Congressional leaders strike major budget deal

Congressional leaders and the White House reached a major deal to raise domestic and defense spending by $80 billion and lift the national borrowing limit.

Congressional leaders strike major budget deal

Congressional leaders and the White House reached a major deal to raise domestic and defense spending by $80 billion and lift the national borrowing limit.