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→Resolution: Permanent tax measures and 60 day respite on sequestration and debt ceiling debate: deficit reduction and debt ceiling
*adopts a permanent "doc fix" adjustment to the reimbursement to doctors under medicare
*adopts a permanent "doc fix" adjustment to the reimbursement to doctors under medicare
*allows taxpayers to convert 401(k) retirement plan balances to Roth 401(k) plans (thereby accelerating the payment of taxes)
*allows taxpayers to convert 401(k) retirement plan balances to Roth 401(k) plans (thereby accelerating the payment of taxes)
*delays action on [[debt ceiling]] for two months, setting parameters for next year's (FY 2014) budget priorities
*[[deficit reduction]] delayed
On January 4, 2013, the CBO issued a summary of the impact of the law.<ref>{{cite news|url=http://thehill.com/blogs/on-the-money/economy/275095-cbo-fiscal-cliff-deal-carries-4-trillion-price-tag|title=
On January 4, 2013, the CBO issued a summary of the impact of the law.<ref>{{cite news|url=http://thehill.com/blogs/on-the-money/economy/275095-cbo-fiscal-cliff-deal-carries-4-trillion-price-tag|title=