Boehner’s ‘Plan B’ Good for Wealthy, Bad for the Rest of Us
U PDATE: With a large number of House Republicans refusing to back asking millionaires and billionaires to pay their fair share in taxes, House Speaker John Boehner (R-Ohio) pulled his “Plan B.” from the floor last night and adjourned the House. No negotiations between Republicans and the Obama White House on the expiring middle class tax cuts and automatic spending cuts set to go into effect Jan. 1 are scheduled. But a White House spokesman said, “The president will work with Congress to get this done, and we are hopeful that we will be able to find a bipartisan solution quickly that protects the middle class and our economy.”
If House Speaker John Boehner (R-Ohio) “really wanted to address the true causes of our long-term budget imbalance, the last thing he would ask Congress to do is pass more wasteful tax cuts for the wealthiest Americans,” AFL-CIO Government Affairs Director Bill Samuel said in a letter to House members today.
