Fiscal Cliff

6:30am

Fri December 21, 2012
The Two-Way

Everybody Over The Cliff?

Originally published on Fri December 21, 2012 7:25 am

House Speaker John Boehner, R-Ohio, on Thursday in the Capitol.
Alex Wong Getty Images

House Speaker John Boehner's "major defeat" Thursday night — when he had to pull his "Plan B" to extend Bush-era tax cuts for nearly all American taxpayers because he couldn't get enough support from his fellow Republicans — means negotiations about avoiding the so-called fiscal cliff remain at an impasse.

So now what?

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2:56am

Fri December 21, 2012
Politics

Plug Pulled On 'Plan B,' House Breaks For Christmas

Originally published on Fri December 21, 2012 9:16 am

House Speaker John Boehner pauses during a news conference Thursday. House GOP leaders abruptly canceled a vote on his measure after they failed to round up enough votes for it to pass.
Jacquelyn Martin AP

House Speaker John Boehner was dealt a major defeat Thursday night. After spending most of the week trying to round up votes for his "Plan B" to extend tax cuts for virtually everyone, he pulled the measure without a vote and sent the House home for Christmas. The clock keeps ticking toward the end of the year, when automatic tax increases and spending cuts are set to hit.

Early Thursday, Boehner expressed confidence not only that his bill would pass but that the Democratic-controlled Senate would feel so much pressure, it would be forced to consider it, too.

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8:18pm

Thu December 20, 2012
Politics

House Pulls 'Plan B' Tax Measure From The Floor

Transcript

ROBERT SIEGEL, HOST:

From NPR News, this is ALL THINGS CONSIDERED. I'm Robert Siegel.

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And I'm Melissa Block.

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3:27pm

Thu December 20, 2012
It's All Politics

House Republicans Face Threat Of Primary Challenges In 'Plan B' Vote

Originally published on Thu December 20, 2012 8:18 pm

Rep. Tim Huelskamp, R-Kan., shown in 2010, has said he would deserve a primary challenge if he voted for House Speaker John Boehner's "fiscal cliff" proposal, which would extend the Bush-era tax cuts only on income of less than $1 million.
John Hanna AP

House Republicans are under a lot of pressure.

House Speaker John Boehner and his leadership team are urging them to support his "Plan B" to avoid the automatic tax hikes of the "fiscal cliff." But they're also facing pressure from outside groups that could mount primary challenges against them if they do.

Boehner argues his plan — which would allow the Bush-era tax cuts to stay in place for income under $1 million a year — isn't a tax increase. But a number of conservative groups have come to a very different conclusion.

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5:55am

Thu December 20, 2012
The Two-Way

Today's 'Plan B' Vote: Part Of Posturing Or A Push Over The 'Fiscal Cliff?'

Originally published on Thu December 20, 2012 10:45 am

Alex Wong Getty Images
  • On 'Morning Edition': Mara Liasson and David Greene

With the House set to vote this afternoon on Republicans' "Plan B" for avoiding the so-called fiscal cliff, the questions that have been asked every day for weeks are being asked yet again, with added urgency:

Are we headed over that "cliff" of automatic spending cuts, tax increases and expiring job benefits? Or are President Obama and House Speaker John Boehner, R-Ohio, closer to a deal than they're letting on in public?

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