Last night, perennially bronzed Speaker of the House John Boehner was forced to abandon “Plan B,” his “solution” to the “fiscal cliff,” after failing to get enough Republican support to bring it to a vote. Ouch. Kinda embarrassing. But what was Plan B? And what is the significance of its failure? When I saw first saw that Plan B was all over the Twitter and the interwebs, I assumed everyone was talking about emergency contraception. Turns out, in an attempt to avoid automatic tax hikes scheduled to take effect on Jan. 1, Boehner was proposing extending current tax rates for all Americans earning up to $1 million annually, as opposed to Obama’s income cut-off of $400,000.
katiehalper.com 