Sen. John McCain weighs in on fiscal cliff deal

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By Mike Gertzman By Mike Gertzman

PHOENIX -- Just hours after legislation to avoid the fiscal cliff was sent to President Barack Obama, Arizona Sen. John McCain shared his thoughts on the deal with 3TV's Javier Soto and Kaley O'Kelley.

Final approval for the deal came in the House on New Year's Night. The vote was 257 to 167.

The Senate passed the bill less than 24 hours earlier.

The measure raises tax rates on incomes over $400,000 for individuals and $450,000 for couples, a victory for Obama.

It also extends expiring unemployment benefits for the long-term jobless, prevents a cut in fees for doctors who treat Medicare patients and cancels a $900 pay increase due to lawmakers in March.