washington. new information breaking in the last hour that a backup plan is in the works for republicans in case the white house and congress can not reach a deal on the fiscal cliff by the end of the year. house speaker john boehner spoke about it a minutes ago. >> our plan b would protect american taxpayers who make a million dollars or less and have all of their current rates extended. i continue to have hope that we can reach a broader agreement with the white house that would reduce spending as well as have revenues on the table. jon: despite the existence of this plan b negotiations are moving forward between president obama and speaker boehner to try to avoid the fiscal cliff. ed henry is live at the white house. so tell us a little bit more about plan b. what is it, ed? >> reporter: good to jon. you know the president's position all along you only raise taxes on people making over $250,000. republicans said look, that will end up not just hitting individuals but a lot of small businesses. it will result in them not
Related Keywords
Columbine Case , House Republicans , Dont Withold Information , Deal , Fiscal Cliff , Hawaii In Congress , White House , Congressman Boehner , Plan B , Backup Plan , The End , Works , Spending , Wall , Agreement , American , Taxpayers , Rates , Hope , A Million Dollars , A Million , Jon Scott , President Obama Didn T , Table , Ed Henry , Negotiations , Revenues , Existence , Reporter , The Early Alan , People , Look , Position , Taxes , Businesses , Individuals , 50000 , 250000 ,
comparemela.com © 2020. All Rights Reserved.