House Speaker John A. Boehner (R-Ohio) plans to tell fellow Republicans Tuesday morning that he will hold a vote on a “Plan B” to raise taxes on Americans earning more than $1 million annually, according to senior aides.
Boehner plans to continue negotiating with President Obama on a broader agreement, but feels the need to move forward on a plan to avert the “fiscal cliff” with precious days remaining until a series of tax increases and spending cuts takes affect, aides said.
Despite voting on this alternative plan, “we’re leaving the door open wide for something better,” Boehner plans to tell fellow Republicans, according to prepared remarks provided by aides. “And I have been clear about that with the president. Plan B is Plan B for a reason. It’s a less-than-ideal outcome. I’ve always believed we can do better.”
In his remarks, Boehner said the plan Obama offered Monday evening “cannot be considered balanced.”
“We’re going to keep the door open in hopes the president can find a way to support a balanced approach.”
There was no immediate comment from the White House.
House Majority Leader Eric Cantor (R-Va.) told his colleagues Tuesday morning that he is aiming to hold a vote on the proposal by the end of the week, according to aides familiar with the meeting.