Speaker John Boehner (R-Ohio) on Thursday told President Obama and
Senate Democratic leaders he was calling their bluff after they
threatened to kill the backup tax plan he has promised to push through
the House.
“I am not convinced at all that when the bill passes the House today
that it will die in the Senate,” Boehner said at a midday press
conference in the Capitol. “At some point the Senate has to act.”
With 11 days to go before large tax hikes and spending cuts kick in, the
House on Thursday evening will vote on legislation that prevents part
of the "fiscal cliff" by making permanent tax rates on income up to $1
million while allowing rates to go up for taxpayers earning more.
Read more on The Hill's On the Money Blog.