Just breaking in right now:
Source: Reuters
@Reuters: FLASH: U.S. House majority leader Cantor says he expects to have Republican votes to pass fiscal cliff bill
Will update the diary with more information once it comes in.
UPDATE: This seems to be the Republican bill that they're talking about, the plan B bill.
(Reuters) - U.S. House of Representatives Majority Leader Eric Cantor said he expects a vote on a Republican offer to avert the "fiscal cliff" on Thursday, and he expects to have enough votes to pass the measure.
Cantor spoke on Tuesday, a day after top Republicans rejected the latest White House offer to avert some $600 billion in tax hikes and spending cuts looming at year's end, known as the fiscal cliff.
Instead, Republicans plan a vote on a bill to raise taxes on income above $1 million while extending low rates for other taxpayers.
Link:
http://www.reuters.com/...