Friday, December 21, 2012

The sinking of "Plan B"; the U.S. "fiscal cliff" disaster of John Boehner

Had there been a vote on Republican House Speaker John Boehner's "Plan B" to avert the so-called U.S. fiscal cliff on Thursday night, it would not have been close. He was probably 40 to 50 votes short of the number he needed to avoid a humiliating defeat at the hands of his own party, according to rough estimates from Republican members of Congress and staff members.

It was not for lack of effort. Boehner and his two top deputies, Eric Cantor and Kevin McCarthy, along with other House Republican leaders, tried for three days to muster support for the measure, which would have cut government spending and raised taxes on millionaires to head off across-the-board tax hikes and spending cuts set for January.

http://www.reuters.com/article/2012/12/22/us-usa-fiscal-planb-idUSBRE8BL03820121222

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