“Tomorrow, the House will pass legislation to make permanent tax relief for nearly every American—99.81 percent of the American people. Then the president will have a decision to make. He can call on the Senate Democrats to pass that bill, or he can be responsible for the largest tax increase in American history.”He might not be ready, as Greg Sargent surmises, to push the nation off the
In turn, the White House says President Obama would veto the legislation.
[...] The Administration will not accept a deal that asks too little of the very wealthiest to increase revenue and instead shifts the burden to the middle class and seniors. Instead of working together to find a balanced approach that can pass both Houses of the Congress, the House amendment will not protect middle class families and does little to address the Nation's fiscal challenges as it includes no spending cuts. The Administration believes that it can work together with the Congress to resolve remaining differences and not miss this opportunity to avert the fiscal cliff.Of course, it wouldn't come to a veto because the Senate would never pass it. It does appear, however, that they are at an impasse, for now. If this belligerence from Boehner in reaction to Obama's concessions means that there won't be any more concessions, then it might be off the
If the President were presented with the House amendment to the Senate amendment to H.J. Res. 66, he would veto this legislation.
At this point in time, it's just about who gets the blame. There's still two weeks before the deadline, however, so plenty of time left for more dealing.