Tax rises had already been previously agreed, spending hadn't. This aspect seems to have been 'censored' from 'The Guardian' article.
Quote:
At the end of 2012 Congress and the White House struck a dramatic deal to avoid what was dubbed the "fiscal cliff", that included expiring tax breaks and the sequester.
Republicans agreed to Mr Obama's demand to raise taxes for the rich and Congress postponed the deadline for the budget cuts until 1 March.
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