Even if this had passed, Reid would never have allowed it to come up for a vote in the Senate, and Obama had promised to veto it.
NO MORE NEGOTIATIONS. Make the Democrats OWN THE CONSEQUENCES!
A defection of conservative Republicans forced House Speaker John Boehner to abandon his final-hour plan to block automatic tax increases, leaving taxpayers hanging on the edge of the fiscal cliff that is scheduled to crumble on 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 statement Thursday night after cancelling the vote and sending members home for the Christmas holiday.
“Now it is up to the president to work with Sen. (Harry) Reid on legislation to avert the fiscal cliff,” Boehner said.
The collapse was announced shortly after an emergency GOP conference was called at 7:45 p.m. to count votes and twist arms, just moments before the legislation was to be debated on the House floor.
The bill is referred to as “Plan B” and would have averted an automatic tax increase for families making less than $1 million a year but raised tax rates for those making more than $1 million.
A second bill to block military and domestic spending cuts that are part of sequestration narrowly passed Thursday on a vote of 215 to 209 with no Democratic support and 21 Republicans voting no.
Senate Majority Leader Harry Reid (D-Nev.) said the “Plan B” bill would have been dead on arrival in the upper chamber. The plan was offered by Boehner (R-Ohio) after failed negotiations with President Barack Obama to avert the tax hikes and spending cuts.
Without a deal, taxes are on autopilot to increase $4.6 trillion over the next decade along with $1.2 trillion in cuts across the board.
Knowing that the Democrats won’t budge towards a compromise, David Harsanyi wants to know, “What’s Plan C?” Good question.