In what many are calling a preview of the vote to allow the Bush tax cuts to expire for those with incomes over $1 million, the House tonight passed a spending reduction plan, but just barely.
The House passed H.R. 6684, the Spending Reduction Act of 2012, in a 215-209-1 vote. pic.twitter.com/TECQPoZH
— Eric Cantor (@EricCantor) December 20, 2012
House votes 215-209 for step one of "Plan B," a bill that cuts spending & averts some military spending cuts
— Jamie Dupree (@jamiedupree) December 20, 2012
Republican sequestration replacement bill comes down to the wire! Passes 215-209 with 22 GOPers breaking rank, voting 'no.'
— Jared Halpern (@JaredHalpern) December 20, 2012
Ruh roh. Factoid from @jamiedupree the spending cuts bill that just barely passed lost 5 gop votes since last vote on it in May
— Dana Bash (@DanaBashCNN) December 20, 2012
The vote on a tax hike for those making more than $1 million is expected soon. House Speaker John Boehner has been trying to promote the idea that no amount of tax hikes will fix the economy, even pushing a Twitter hashtag, #SpendingIsTheProblem.
What did pass was the "sequestration" revision bill that would have shifted cuts from defense to social spending.
— RGC_AnthonyJK – Sex Lefty ? #TheFutureIsIndyLeft (@RGC_BPPA) December 21, 2012
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The spending cuts bill that the House just passed replaces the automatic sequestration cuts.
— Gabriel Malor (@gabrielmalor) December 20, 2012
It also cuts the Obamacare slush fund, the failed HAMP mortgage reform effort, and reforms food stamps and the child refundable tax credit.
— Gabriel Malor (@gabrielmalor) December 20, 2012
Within minutes, the White House had promised a veto were the legislation to pass the Senate, an outcome which also seems unlikely.
Minutes after the House passed the sequester replacement bill, the White House officially threatens a veto
— Jamie Dupree (@jamiedupree) December 20, 2012
Time for a huddle.
Spotted: Eric Cantor and entourage walking into Speaker Boehner’s office. Wonder if they’ll chat about that troublesome Plan B vote…
— Rebecca Buck (@RebeccaBuck) December 21, 2012
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