Republicans Block Republicans on 'Fiscal Cliff' Deal
NEW YORK (TheStreet) -- He'll have his own party to blame.
House Speaker John Boehner released a statement Thursday night that he did not have the votes from members to pass his "Plan B" fiscal cliff proposal.
"The House did not take up the tax measure today because it did not have sufficient support from our members to pass," Boehner said in a statement issued to reporters. "Now it is up to the president to work with Sen.
The move marks a critical stumble for the Republican leader, who had been attempting to rally his base behind an alternative budget plan to President Obama's.
Reports emerged earlier Thursday that White House officials said Boehner couldn't gather enough Republican support for his own bill to succeed in the House.
Reports also revealed that some Republican members of the House had refused to accept a deal that proposed income tax increases across all tax brackets. Boehner's proposal included raising marginal rates on $1 million or more on income earned.
The move could provide a crucial bargaining chip for Obama and Senate Democrats, who have operated lock-step on fiscal cliff proposals.
-- Written by Joe Deaux in New York.
>Contact by Email.