House passes spending bill…

It narrowly passed and the more controversial tax bill is up next.

House Republicans on Thursday passed the first of two bills aimed at averting the looming fiscal crisis, approving a plan that would replace sweeping cuts to defense and other programs with cuts elsewhere in the budget.

The bill narrowly passed, on a 215-209 vote.

Up next, though, is a highly controversial bill that would prevent tax hikes for everyone except those making more than $1 million. Together, the bills amount to what House Speaker John Boehner is calling a “Plan B.”

The tax vote is expected to be close, as Boehner already lost 21 Republicans on the first bill.
Still, Democrats in both chambers, as well as President Obama, are adamantly opposed to both proposals — leaving uncertain how and whether lawmakers can avert tax hikes scheduled to take effect in two weeks.

Without a deal, middle-class Americans could see an average tax hike of $2,000 next year.

We are going over.

Fiscal-Cliff-and-Rope

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2 Responses to House passes spending bill…

  1. R.D. Walker says:

    Boehner doesn’t have the votes…

    House Speaker John Boehner abruptly pulled his “Plan B” tax rate bill from the floor Thursday night, after struggling to garner support from fellow Republicans — leaving lawmakers once again without a vehicle for averting the looming fiscal crisis and the public facing an imminent tax hike.

    The surprise decision capped a tumultuous day on Capitol Hill. Over Democrats’ vocal objections, Republican leaders had pressed forward with two bills that composed what Boehner called his “Plan B.” The first, a plan to replace automatic spending cuts set to hit next month, narrowly passed Thursday evening on a 215-209 vote.

    But, in a move that signaled turmoil in the Republican caucus, the House was called into recess right before the scheduled vote on Boehner’s other bill — to prevent tax hikes on all but those making more than $1 million. Republican leaders called an emergency meeting and it was apparently clear within minutes Boehner did not have enough support, with some Republicans still opposed to raising rates on anybody.

    I get being hardcore, but I don’t see how voting to give every American a tax increase in order to spare those making over a million a year a tax increase is productive.

    Oh well. We are going over.

  2. JCT says:

    We just can’t stop our spending. No budget equals no priorities. But for President Obama, no budget represents choosing priorities.

    The stimulus bill distributed money through various federal agencies, effectively upping their budget in many regards. That became the new baseline and it has never been trimmed back.

    Wow, are we in trouble.

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