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House Republican leaders seek escape from ‘fiscal cliff’ mess

House republican leader to their coquetry party a choice: try to modify early Tuesday morning in the senate by a financial cliff compromise, or go to a vertical up or down the original transaction voting.
Either way, it apppeared fate is called the measures on Tuesday night.
Set a bipartisan compromise incubation vice President Joe biden and senate republican leader mitch MaiKangNaiEr, to make all, but the richest americans suffering from income tax rise faltering on the brink of collapse (Tuesday) to anger the house republican in the package to the lack of cut flowers.
Legislation passed by the senate on voyage, shortly after the 2 am habbit is 89-8 margin. But it landed in the house of representatives, republican majority leader Eric Campbell has surprised Congressman flatly against the deal, with a bang.
Modify the senate plan, can abandon the whole trade.
In the afternoon but closed door meetings, Cantor and republican house speaker John boehner "warned risk, this strategy member," according to a GOP leadership's assistant. The house rules committee chairman David DeLaiEr, new collection, call a spade a spade to tell a reporter, "this is obviously" and to update the relevant law, and put it back to the senate will kill it. Democrats and republicans in the senate has said, congress adopted a modified version has been a difficult problem is what.
Republican leaders pressure is big, did not take action to avoid fiscal cliff, the American people will face significantly across income tax increases, and indiscriminate cut costs, risk their lives devastating domestic and defense plan. Scupper financial markets sights dysfunction in Washington warned that the so-called cliff in the weak economy into a new recession.
House republicans seems to be refusing to compromise the two parties, Bernard I require senate negotiations without him, away from the party's strange angry voters may face the biggest share of the. At last, through may need a majority of Democrats voting, Bernard, two days before he faced re-election speaker a tough things.
The time is running short another reason is that the new congress will date of hire (Thursday) at noon, forced to create a compromise of this congress back to the drawing board.
Under the arrangement of compromise, the tax will rise to more than $400000, personal and us $450000 of family discount privilege, and the richest americans use, in order to reduce their tax bill will face new restrictions. The agreement will also improve the great heritage from 35% to 40% of the tax of more than $5 million of heritage. Moreover, it will extend a year of unemployment benefit of about 2 million people in the United States. It can also prevent payments to doctors medical treatment of patients and spare parts on millions of people in the United States, or you'll be hit alternative minimum tax cuts. Moreover, it also will extend some stimulus era progress by tax breaks.
The middle class tax will still see up, the final trading is not including payroll tax holiday extension. By the nonpartisan congressional budget office Tuesday complex problem further published a report. It says, the senate through compromise, increase nearly $4 trillion in federal deficit of more than ten years.
Efforts to amend the $1.2 trillion cut domestic and national defense project in the other parts of the "fiscal cliff, seal is called" more than ten years - the first - has been shown in the middle of a difficult problem. The Democrats have been trying to freeze a year, but eventually yield to the pressure of the republican party, and sign is just a two-month delay, and wider deficit reduction negotiations continue.
This will make the time around, the White House and the republican battle if it improve the country's debt ceiling cut spending next main race. The republican party has vowed to promote more cut costs, which is equivalent to the amount of new lending. Obama vowed never talks, like him, in 2011, when a fierce struggle threat for the first time by default, the obligation of to the United States for the first time in history, caused by the country's credit rating. Biden send a message to congressional Democrats, two senators said.
In a one-day political farce outbreak, cantor told the house republicans closed door meetings Tuesday morning, he can't backup the bill in its current form, assistant and Congressman from discussion. And conservatives are ready to against the measures, the lack of spending cuts, majority leader of the blockbuster potential doom spelling legislation.
"The speaker and leader laid the option of members, and listen to the feedback, Bernard spokesman brendan buck said:" in a statement of the discussion. In the senate bill cut costs "between members lack in today's meeting is a common concern."
Because the house republicans wreak havoc bill, house Democrats mainly from a closed door meetings, biden voiced support for the new legislation, at present a written vote compromises, and press the borna.
"Our speakers, said the senate's behavior, we will have a vote in the house of representatives." This is he said, this is what we expected, this is the people of the United States should be vertical upward or downward vote, Democrats house minority leader Nancy pelosi told reporters.
Conservative militant group, such as anti tax avoidance growth club warned congress against compromise. The club was accused in the mail said: "this act immediately to congress tax increase spending cuts after promise."
Efforts to amend the $1.2 trillion cut domestic and national defense project in the other parts of the "fiscal cliff, seal is called" more than ten years - the first - has been shown in the middle of a difficult problem. The Democrats have been trying to freeze a year, but eventually yield to the pressure of the republican party, and sign is just a two-month delay, and wider deficit reduction negotiations continue.
This will make the time around, the White House and the republican battle if it improve the country's debt ceiling cut spending next main race. The republican party has vowed to promote more cut costs, which is equivalent to the amount of new lending. Obama vowed never talks, like him, in 2011, when a fierce struggle threat for the first time by default




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