By letting the House take up the Senate's fiscal cliff-dodging legislation that raises income tax rates on the wealthiest earners, Speaker John Boehner answered affirmatively a question that had been on many minds: Would he allow an up-or-down floor vote on a bill opposed by most fellow House Republicans?
Until the New Year's Day vote, Boehner had generally operated the House under what was known as the Hastert Rule. Named for former Speaker Dennis Hastert, it required a "majority of the majority" to support legislation before the speaker approved a floor vote.
Wind isn’t the only alternative energy industry to get a boost from the Fiscal Cliff deal. Also included is a tax credit for algae growers encouraging biofuel production that could one day power cars and boats.
As many had expected he would, the president did sign the fiscal cliff agreement with an autopen. The bill was back in Washington, D.C., while Obama was in Hawaii on vacation. So, it was signed by an autopen machine that produces a copy of the president's signature. As we outlined earlier, this has been done before.
Our original post — "How Will President Obama Sign The Fiscal Cliff Bill?"
Originally published on Wed January 2, 2013 2:03 pm
The budget negotiations that led to a frantic New Year's deal on taxes confirmed many lessons about the way Washington works today.
For one thing, many of the most important relationships in the capitol appear to be broken. President Obama and House Speaker John Boehner led negotiations on a budget deal for most of the post-election period, but once again they came up empty.