House Republicans call off vote on 'Plan B' tax bill
House Speaker John Boehner says the GOP 'Plan B' to avert the "fiscal cliff" was pulled from the House floor due to a lack of Republican support. NBC's Kelly O'Donnell reports. By Carrie Dann, NBC NewsUpdated 9:41 p.m. ET -- After a cancelled vote on a contingency bill and a dramatic defeat for Republican leadership, United States House members will head home for the Christmas holiday without legislative action to halt a mix of automatic spending cuts and tax increases set to take effect in just 11 days. Lacking enough support to pass a backup proposal to avert the so-called fiscal cliff, House Republican leaders on Thursday night were forced to pull from the floor a vote on 'Plan B' legislation that would have preserved Bush-era tax rates for all earners making less than $1 million but raised rates on the country's top earners.
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House Speaker John Boehner
Overall Sentiment: -0.136752
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| 0 | House Speaker John Boehner says the GOP 'Plan B' ... |
| -0.204591 | House Speaker John Boehner says the GOP 'Plan B' to avert the "fiscal cliff" |
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Carrie Dann
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Kelly O'Donnell
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Organization: House
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Organization: GOP
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Holiday: Christmas
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Source Webpage: House Republicans call off vote on 'Plan B' tax bill
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House Republicans call off vote on 'Plan B' tax bill
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Speaker John Boehner says there aren't enough votes to pass a backup plan to avert automatic tax increases set to occur at the end of the year.
Source Webpage: House Republicans call off vote on 'Plan B' tax bill
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