After House Speaker John Boehner failed to get enough Republicans to support his “Plan B” proposal on Thursday and was forced to pull the bill, lawmakers on both sides of the aisle openly expressed that they had no idea if the country would go over the so-called fiscal cliff.
Even if “Plan B” had made it to a vote in the House and passed, it likely would not have passed the Senate, and President Barack Obama would have vetoed it anyway had it reached him.
replaced the pending defense sequester with entitlement cuts.
The House and Senate are adjourned until December 27, which leaves a very tight window for a deal to be made. On Friday, Obama indicated he was still speaking about a deal with Boehner and Senate Majority Leader Harry Reid. He urged Members of Congress to come back to Washington after drinking “eggnog” over Christmas to agree to raising taxes on those making more than $250,000 a year, which Obama said the Senate has already voted for.
“It doesn’t take that much work,” the president claimed with a straight face.