Speaker John Boehner’s “Plan B” is dead on arrival in the House of Representatives. The House has adjourned until after Christmas without taking a vote on “Plan B.”
It was a tax increase on working Americans, coupled with a massive extension of the Bush Tax Cuts For The Rich on the first $1 million of income. Boehner couldn’t find the votes for it, but this didn’t matter because the Senate Majority Leader said the Senate would not consider it, and President Obama said he would veto it if somehow it got to his desk.
Because right-wing Tea-GOP House members oppose even a token income tax rate hike on multimillionaires, Boehner added a series of sweeteners from the right-wing wish list – like Christmas stockings hung by the fire (OK, not like that at all).
- Cuts to food stamps that would hurt millions of low-income Americans
- Cuts to Meals on Wheels, a program that delivers meals to seniors
- Cuts funding to health exchanges and Medicaid
- Cuts to the Dodd-Frank financial reform law that will yield no cost savings
Nobody in Washington seems to know why Boehner was wasting everyone’s time with this proposal, when all the House has to do is vote on the Senate-passed bill that makes tax cuts for the rich on the first $250,000 of income permanent. President Obama has said he would sign it.
Does it matter to average Americans if they get a tax cut on their first $250,000 or their first $1 million? I don’t even know anybody who makes $250,000 a year.