After wrangling for most of the day, House Speaker John Boehner is ready to move ahead with a vote on the U.S. Senate-passed Fiscal Cliff Deal in the House of Representatives tonight, without any amendments being offered:
THE HILL: The House Rules Committee sent the Senate-passed “fiscal cliff” bill to the floor late Tuesday with a vote in the full chamber to take place around 10:30pm to 11pm.
After a day of lengthy internal GOP wrangling over whether to amend the Senate-approved bill, House GOP leaders decided that they did not have enough support to pass an amendment with Republican votes alone.
The move came after a pair of long closed-door Republican conference meetings, and is a signal that Speaker John Boehner (R-Ohio) believes there are enough votes to pass the Senate measure without changes. . . . Read More
This deal to supposedly “avert” the Fiscal Cliff raises tax rates, does not cut spending, and according to the Congressional Budget Office, will ADD nearly $4 Trillion to the National Debt over the next 10 years.