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Conservatives Force Boehner to Abandon His ‘Plan B’ Tax Hike–House Goes Home

Posted By admin On December 21, 2012 @ 6:44 am In Money Watch | Comments Disabled

Terence P. Jeffrey
CNS News [1]
December 21, 2012

Conservative members of the House of Representatives dealt a stunning defeat to the House Republican leadership on Thursday night, forcing Speaker John Boehner (R.-Ohio) to cancel a vote on his “Plan B” tax-increase proposal.

Earlier in the evening, the Republican House leadership had been confident they could make the members of their caucus vote for the tax increase. But they miscalculated.

“Plan B” would have violated the pledge almost all House Republicans have made to the America people to oppose any and all efforts to increase the marginal income tax rates. It would have done so by increasing the tax rate on income over $1 million after Jan. 1.

“The House did not take up the tax measure today because it did not have sufficient support from our members to pass,” Boehner said in a statement released late Thursday.

“Now it is up to the president to work with Senator Reid on legislation to avert the fiscal cliff,” Boehner said.

Full article here [1]


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URLs in this post:

[1] CNS News: http://cnsnews.com/news/article/conservatives-force-boehner-abandon-his-plan-b-tax-hike-house-goes-home

[2] Boehner pulls the plug on ‘Plan B’: http://www.prisonplanet.com/boehner-pulls-the-plug-on-%e2%80%98plan-b%e2%80%99.html

[3] DC Soap Opera Update: 17 Republicans To Vote Against Doomed Boehner Plan In The House: http://www.prisonplanet.com/dc-soap-opera-update-17-republicans-to-vote-against-doomed-boehner-plan-in-the-house.html

[4] Obama Team Threatens to Veto Boehner Debt Plan, House GOP Revolts: http://www.prisonplanet.com/obama-team-threatens-to-veto-boehner-debt-plan-house-gop-revolts.html

[5] Obama, Boehner close gap on fiscal cliff deal, eye trillion-dollar tax hike: http://www.prisonplanet.com/obama-boehner-close-gap-on-fiscal-cliff-deal-eye-trillion-dollar-tax-hike.html

[6] Down To The Wire: Wednesday’s Congressional Vote On Boehner Plan Delayed Until Thursday: http://www.prisonplanet.com/down-to-the-wire-wednesdays-congressional-vote-on-boehner-plan-delayed-until-thursday-to-find-more-savings.html

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