Boehner “Plan B” Fail

House Republicans’ “Plan B” to avert the “fiscal cliff” came crashing down Thursday night, after party leaders realized they didn’t have the votes to pass their plan and pulled it from the floor — leaving the country poised on the edge of massive tax increases and spending cuts.

house-destroyedThe move is a serious blow to House Speaker John A. Boehner, who had hoped to gain leverage in his negotiations with President Obama, and it signals that conservative Republicans are unwilling to stomach any rise in marginal income-tax rates — even on those making more than $1 million, which was Mr. Boehner’s plan.

“The House did not take up the tax measure today because it did not have sufficient support from our members to pass,” Mr. Boehner said in a statement. “Now it is up to the president to work with Senator Reid on legislation to avert the fiscal cliff.”

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