ABC’S John Parkinson, Devin Dwyer, and Sunlen Miller report that House Speaker John Boehner tried and failed to win enough votes to pass his fiscal cliff “Plan B” option, and in a surprise development late last night, he pulled it from the House floor. “Plan B” called for extending current tax rates for Americans making up to $1 million a year, but Boehner acknowledged that it did not have the support necessary to pass, leaving a resolution to the fiscal cliff in doubt.
“The House did not take up the tax measure today because it did not have sufficient support from our members to pass. Now it is up to the president to work with [Democratic Senate Majority Leader Harry] Reid on legislation to avert the fiscal cliff,” Boehner, R-Ohio, wrote in a statement. “The House has already passed legislation to stop all of the Jan. 1 tax rate increases and replace the sequester with responsible spending cuts that will begin to address our nation’s crippling debt. The Senate must now act.
Note EU-Digest: indications are that the "right-wing" of the Republican party wants to play poker with the economic of the American population.
Read more: Just In Time For Christmas — Fiscal Cliff Chaos (The Note) - ABC News
No comments:
Post a Comment