TPM
A notice from the House Majority Whip's office indicates Republicans
have no plans to hold a vote on any Senate-passed legislation to avoid
the so-called fiscal cliff.
"There will be a Special GOP Conference Meeting at 5:00 p.m. in
HC-5," according to the alert. "Immediately following Conference
tonight, roughly 5:30-6:00 p.m. we will have our first and only vote
series of the day on suspensions."
To translate, the House is only planning to vote on a handful of
scheduled, non-controversial measures this evening. They plan to leave
tonight whether or not the Senate passes a bill to avoid the expiration
of the Bush tax cuts at midnight. That means that unless the GOP's plans
change, then starting at midnight, the revenue baseline resets to a
pre-Bush tax cut baseline, and any fiscal cliff legislation becomes a
tax cut.
The consequences for the shape of any deal are potentially huge, but still unclear.
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