December 03, 2012


The Republican Doomsday Plan

Republicans "are seriously considering a Doomsday Plan if fiscal cliff talks collapse entirely," ABC News reports.

"It's quite simple:  House Republicans would allow a vote on extending the Bush middle class tax cuts (the bill passed in August by the Senate) and offer the President nothing more:  no extension of the debt ceiling, nothing on unemployment, nothing on closing loopholes.  Congress would recess for the holidays and the president would face a big battle early in the year over the debt ceiling."

Two senior Republican elected officials say this doomsday plan "is becoming the most likely scenario" with one variation being that House Republicans "would allow a vote on extending only the middle class tax cuts and Republicans, to express disapproval at the failure to extend all tax cuts, would vote "present" on the bill, allowing it to pass entirely on Democratic votes."










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