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According to Politico:

House Republicans will go first. On Thursday, they will bring up the Senate Democrats’ tax bill, which extends income rates for only the middle class. That Democratic bill will fail to win a majority, and House Republicans will then try to pass their own legislation extending current tax rates for all income under $1 million.
Dozens and dozens of Republicans have said they support the Senate bill!  Can Boehner hold ranks and get those same Republicans to vote against the Senate bill they support and the President has said he would sign into law immediately, and instead vote for a bill Obama has said that he will veto?  This seems like a huge risk Boehner is taking.

If the grassroots works the phones in the next 24 hours we can make sure the Senate bill passes and this goes down as one of Boehner's biggest mistakes of his speakership.

2:19 PM PT: Now Politico claims Boehner will not bring up the Senate bill for exactly this reason, it could pass.

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Comment Preferences

  •  I think the House vote is a done deal. (4+ / 0-)
    Recommended by:
    Mogolori, grrr, Iberian, SilentBrook

    The House Republicans will vote against the Senate bill because and only because they will then get to vote for an amended version of that same bill that does exactly the same thing except puts the threshold at $1 million instead of $250,000.  

    And since Norquist has ok'd that "Plan B" approach, it's certain to pass the House.

    Boehner's statement this morning was that his "Plan B" amendment "will pass" the House tomorrow.  I think he's certain about that.  

    Then, as I understand it, the bill has to come up for a vote in the Senate, because it's an amended version of the Senate bill.  The question that is more interesting is whether the Republicans can get 10 or so Senate Democrats to vote for it, forcing the President to veto the bill that "protects the middle class" from a  tax increase.  

    •  agreed that it's a done deal (0+ / 0-)

      but assuming that obama's veto threat is genuine, reid probably won't bring it up for a vote

      •  My understanding is he has to (0+ / 0-)

        if it's an amendment of the Senate bill that passed the Senate, just changing the $250,000 threshold to a $1 million threshold.  I could be wrong -- I'm looking for confirmation  

        •  wouldn't it then just go to a conference (2+ / 0-)
          Recommended by:
          Iberian, maybeeso in michigan

          committee? And don't bills dealing with revenue have to originate in the House anyway? I'm not clear about the procedure here.

          Also, it looks like plan B does a lot more than change the threshold:

          Details keep coming in about “Plan B,” House Speaker John Boehner’s proposal to extend the Bush tax cuts for income under $1 million permanently. A lot gets extended. The current very low estate tax rates are made permanent, and the phase-out of the personal exemption for high earners, and the “Pease” limit on high earners’ itemized deductions, are completely eliminated.

          But some features don’t get extended. While the bill makes permanent the expansion of the Child Tax Credit (CTC) signed into law by George W. Bush as part of the 2001 tax cut deal — which bumped the credit from $500 to $1,000 — it does not extend an expansion that was passed as part of the 2009 stimulus package, and has been renewed since then, allowing poor families to refund more of the credit. Nor does it extend the stimulus’s expansion of the Earned Income Tax Credit (EITC), by far the most important anti-poverty program the federal government has, or the American Opportunity Credit (AOC), which provides tuition assistance for middle-class families.

    •  They know Amended version will be vetoed (0+ / 0-)

      If they really want to solve the problem how can they vote against a bill to resolve it?  I think the Senate bill can pass.

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