House Speaker John Boehner
WASHINGTON (AP) - House Speaker John Boehner is proposing a 'Plan B' option to keep taxes from increasing on people making less than $1 million on Jan. 1.
A Boehner aide says the speaker is calling on Congress to pass a bill on only the tax cuts, while also working with the White House to avert the "fiscal cliff," which includes a series of spending cuts.
The aide said Boehner presented the proposals to the House GOP during a caucus meeting Tuesday morning. He informed the president of his 'Plan B' option during a phone call Monday night.
The aide requested anonymity in order to discuss private negotiations.