Thursday, December 27, 2012

Boehner to Pursue "Plan B" in Fiscal Cliff Talks

WASHINGTON (AP) -- House Speaker John Boehner is proposing a "Plan B" option to keep taxes from increasing on people making less than $1 million on Jan. 1.

A Boehner aide says the speaker is calling on Congress to pass a bill on only the tax cuts, while also working with the White House to avert the "fiscal cliff," which includes a series of spending cuts.

The aide said Boehner presented the proposals to the House GOP during a caucus meeting Tuesday morning. He informed the president of his "Plan B" option during a phone call Monday night.

The aide requested anonymity in order to discuss private negotiations.

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