CNN Commentator Drops Outrageous Remarks About JD Vance
One Line Demolished Biden's Defense of His Mental Health During Sloppy NBC News...
Donald Trump Jr. Tells an MSNBC Reporter to Screw Off at Republican Convention
Trump Assassination Attempt Highlights Another Glaring Chapter of Failure for Biden
I’m Not Interested In Unifying With Leftists Right Now
Trump’s Near Miss — The Day George Washington’s Words Came To Life
Trump Rewrites Republican Convention Speech to Focus on Unity, Not Biden
Tone Down the Rhetoric
Vance Addresses His Past Criticism of Trump During First Interview Since Being Chosen...
What to Think About Vance as Trump's Running Mate? Carlson Says Look at...
The Republican Party Platform is Good
Trial Lawyers Are the Only Winners From Arbitration Restrictions
Half an Inch From a Civil Crisis
DEI Is Transitioning to Die
The Riots That Never Happened
Tipsheet

Boehner, Cantor: Plan B Will Pass the House

Speaker John Boehner has enough votes in the House to pass "Plan B," a plan President Obama and Nancy Pelosi once supported.

House Majority Leader Eric Cantor said unequivocally Thursday that Speaker John Boehner’s fiscal cliff fallback plan would pass the lower chamber later in the day — at the same time his party’s leadership was working privately to shore up support.

The so-called Plan B Boehner is pushing would extend tax rates for income below $1 million but force families making over that threshold to pay Clinton-era rates of nearly 40 percent. Late Wednesday night, Republican leaders incorporated a proposal to spare the Pentagon from looming spending cuts and shift the reductions to other agencies.

Advertisement

President Obama has already threatened to veto the bill, despite saying he wanted a balanced approach to solving the fiscal cliff crisis. Senate Majority Leader Harry Reid has already shot down Boehner's plan as a "non-starter" but has refused to bring President Obama's $1.6 trillion tax hike plan to the floor for a vote. As Boehner said two weeks ago, talks seem to be at a stalemate.

There are no events on President Obama's public schedule Thursday -- and it's hard to say how much is going on behind the scenes on the "fiscal cliff."

As it stands, Obama and House Speaker John Boehner seem stalemated.

Between the weekend, Christmas and New Years, there are only five days left for a deal to be made.

Sponsored

Join the conversation as a VIP Member

Recommended

Trending on Townhall Videos

Advertisement
Advertisement
Advertisement