House Passes First "Plan B" Tax Measure
Source: C-Span
Washington, DC
Thursday, December 20, 2012
The House just passed HR 6684, the “Spending Reduction” bill, by a vote of 215 to 209. #Fiscalcliff
The first of two measures related to Speaker John Boehner's "Plan B" tax proposal, HR 6684 would put off the sequestration, or automatic spending cuts, for one year, replacing it with other spending cuts.
The House will then proceed with a series of roll call votes before taking up H J Res 66, Permanent Tax Relief for Families and Small Business Act. This measure would permanently extend the Bush-era tax rates for everyone on the first $1 million of earned income. Those earning more than $1 million would pay a higher tax rate.
House Minority Leader Nancy Pelosi (D-CA) has said that Democrats won't vote for Speaker Boehner's "Plan B" proposal. Senate Majority Leader Harry Reid (D-NV) said he will not bring up the proposal if it passes in the House.
(Roll call vote at: http://clerk.house.gov/evs/2012/roll644.xml )
Read more: http://www.c-span.org/Events/House-Passes-First-Plan-B-Tax-Measure/10737436766-1/
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A fortnight to go until sequestration. As scary as it sounds, it'll stop them until the 113th Congress convenes in January. Then we'll see what voters call on their representatives to do on both sides of the aisle, as the baggers are still in power.
The GOP may stay in D.C. until the last moment to try to screw things up with some more of their lamebrained proposals. They deserve a miserable holiday after the grief they put everyone through.
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