Maintenance. We are currently updating the site. Please check back shortly
Members login Subscribe

Cantor: US House Republicans have votes for tax, spending 'Plan B'

Source: Thomson Reuters Foundation - Thu, 20 Dec 2012 04:33 PM
Author: Reuters
Tweet Recommend Google + LinkedIn Bookmark Email Print

WASHINGTON, Dec 20 (Reuters) - U.S. House of Representatives Majority Leader Eric Cantor said on Thursday that House Republicans will have enough votes to pass their "Plan B" alternative package of tax increases on income above ${esc.dollar}1 million coupled with spending cuts.

Cantor told a news conference that the vote shows "concrete action" to deal with looming year-end "fiscal cliff" of tax hikes and spending cuts. He added that Republicans intend to stay in Washington after the vote to keep working on a fiscal cliff solution.

We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of the Thomson Reuters Foundation. For more information see our Acceptable Use Policy.

comments powered by Disqus