Updated Wednesday, July 9, 2014 as of 9:48 PM ET

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House Passes Tax Deal on Bipartisan Vote as Next Fight Looms

Richard Rubin, Roxana Tiron and James Rowley

The U.S. House passed a bill undoing income tax increases for more than 99 percent of households, giving a victory to President Barack Obama even as Republicans vowed to fight him in coming weeks for spending cuts in exchange for raising the debt ceiling.

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