Thursday, December 20, 2012

SPEAKER BOEHNER'S 'PLAN B' FOR THE FISCAL CLIFF VOTE IN THE HOUSE OF REPRESENTATIVES............

Having proposed a Plan B compromise proposal on averting the Fisca;l Cliff by allowing tax cuts to expire of .19 of a percent of the most affluent Americans on January 1, 2013; from $1 million dollars income up, Speaker of the House John Boehner Republican of Ohio, has scheduled a vote in the House of Republicans today, that is not likely to occur until very late tonight.  Boehner and his Republican House team are whipping for the 25 Republican votes that will be needed to pass the bill, which they at this hour still do not have.  The best estimate is they are at least six votes short based on a procedural vote in the House earlier today.  Even if the Plan B legislation passes in the House, Democratic Senate Majority Leader Harry Reid of Nevada, says it stands no chance of passing in the Senate; thus no compromise agreement achieved without further negotiations in ironingb out a consensus agreement between the two chambers of Congress and the White House......I will be following and blogging as updates to the Fiscal Cliff debate continues............tdp

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