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Speaker Boehner and GOP Leaders on 'Fiscal Cliff'

Washington, DC
Tuesday, December 18, 2012

House Speaker John Boehner (R-OH) told Capitol Hill reporters this morning that he is ready to offer what he calls a “Plan B” proposal on the so-called "fiscal cliff." The bill would allow tax cuts to expire for people making over $1 million per year and keep current tax rates for everyone else. The president’s most recent proposal would allow tax cuts to expire for those making $400,000 per year and included $800 billion in spending cuts over 10 years.

Updated: Tuesday, December 18, 2012 at 7:15pm (ET)

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