Thursday, December 20, 2012

Eric Cantor: We have the votes for Plan B

A given that it's dead in the Senate but this will make the the Democrats appear like the dictatorial obstructionists they truely are.
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. Cantor, the No. 2 House Republican, said the plan is the “nation’s best option.”

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