The LA Times reports it this way:
WASHINGTON — House Speaker John A. Boehner abruptly canceled a vote on his Plan B tax proposal late Thursday after failing to find enough GOP support, a stunning political defeat that effectively turned resolution of the year-end budget crisis over to President Obama and the Democrats.
The speaker had spent the last few weeks negotiating one-on-one with the president, establishing himself as the second-most powerful figure in Washington. But with his strategy imploding, Boehner conceded that he would play a lesser role.
"Now it is up to the president," he said, to work with a fellow Democrat, Senate Majority Leader Harry Reid of Nevada, "to avert the fiscal cliff."
So much for unity and a calm reasoned approach (as if there ever was one).
Taxpayers--I think our wallets are going to get a lot thinner next year as the governments (plural intended) siphon off more of our earnings.
I hope they get it fixed.
Oh, wait--Hope is not a plan!
What is the plan then? Apparently it is to keep the right foot heavy on the gas and drive straight for the fiscal cliff in an apparent Thelma and Louise type ending. That way, those responsible won't be around to clean up the mess.
So from our President and Congress to We the People, the Christmas message is clearly: enjoy life now, because it is all going to change in just over a week!
-- Bob Doan, Elkridge, MD
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