January 1st, 2013
10:27 AM ET

Cantor: No decision on whether House will vote Tuesday on fiscal cliff deal

The Senate did its part, so will the House follow suit today and pass a fiscal cliff package?

So far, the answer is, we really don't know.

House Majority Leader Eric Cantor's office says there's no decision yet on whether the House will vote today on the fiscal cliff deal passed by the Senate.

The deal, which passed the Democratic-controlled Senate in an overwhelming 89-8 vote in the middle of the night, would maintain tax cuts for individuals earning less than $400,000 and couples earning less than $450,000. Technically, it would reinstate cuts that expired at midnight.

The bill temporarily extends certain tax breaks, such as the one for college tuition, while making new tax rates permanent.

It would mark the first time in two decades that tax rates jump for the wealthiest Americans - giving some bragging rights to President Barack Obama, who has long insisted on such a move.

But it also leaves him breaking a promise. The president had vowed to raise tax rates for the top-earning 2% of Americans, including those with household income above $250,000.

You can follow the latest developments on the fiscal cliff deal on our Political Ticker blog.

soundoff (25 Responses)
  1. C. K. Justus

    I hope they do not vote on it all so then maybe Obama will get his head screwed on right and have the democrats introduce a bill to repeal the taxes on those making more than what he was elected on and why I voted for him and that is singles making 200,000 and married couples making 250,000 a year.
    Then we will see how much guts the Norquist own Cantor and Boehner have when they can vote against a tax cut for the middle class.
    Boehner is nothing more than a water boy for Cantor and Cantor is nothing more than a water boy for Grover Norquist, he must be an ayatoallah for Cantor!!!

    January 1, 2013 at 11:03 am | Report abuse |
  2. Richard Chrappa

    Thanks CK I'm also disappointed in the apparent cave in but he has four more years and may surprise us yet, it's a start.

    January 1, 2013 at 11:19 am | Report abuse |
  3. Richard Chrappa

    The House must first obtain permission from their paymasters before they are permitted to vote or else lose their stipends.

    January 1, 2013 at 11:31 am | Report abuse |
  4. saywhat

    good morning & a prayer that this year proves to be a year of awakening for this nation, prosperity and coming together.

    January 1, 2013 at 11:49 am | Report abuse |
  5. Hide Behind

    The middle class of $200,000 and above is not statisticly the middle income by population, it is more like the top 20-30% of population.
    The big lie that those in that income range hide behind is that they represent the best interest of all americans when they are the heaviest tax subsidized economic grouping.
    The seperation between that grouping and The people earning under that in reality is a far bigger gap than say them and a top wall street broker making millions.

    January 1, 2013 at 11:49 am | Report abuse |
  6. saywhat

    I tend to agree with@c.k Justus.
    We havn't yet seen President Obama act re-elected. The country at this juncture needs all that is at his disposal for him to assert his authority to override partisan bickering. The mindset dominating Congress has failed us the people.

    January 1, 2013 at 11:53 am | Report abuse |
  7. saywhat

    So far what we have learned as of last night is:
    "Pentagon sitting pretty after the Cliff".
    'President Obama reauthorizes warrant less wiretapping".
    Is this what we were looking for?

    January 1, 2013 at 11:55 am | Report abuse |
  8. saywhat

    Cantor like his colleagues is that mindset and a part of the problem.

    January 1, 2013 at 11:59 am | Report abuse |
  9. Richard Chrappa

    Agreed, Saywhat! Cantor is the worst of the worst.

    January 1, 2013 at 12:21 pm | Report abuse |
  10. the prophet

    My fellow followers this finacial cliff is an result of an Ipso factus cycle. governments and their representative have no face, have lad coutries and their societies into the darkness, the people of the world lad by thair faith need to be in charge and return to a state of realism, spread the word for salvation join me the prophet, a man is a man when he too follows the will of GOD,

    January 1, 2013 at 12:49 pm | Report abuse |
  11. Hide Behind

    Try this:
    Get a vopy of Leon Tolstoys "War and Peace"; Now sit down and read it cover to cover and be ready by next Thursday or Friday to pass a test based upon the content of each individual page, think of it.
    Now try to imagine. 400 elected that know what exactly is on each page of this bill.
    SOME will know minute sections that favor they and contsctswhile some will say I will bote for your amendment if you vote for mine while others will just follow order of party officials.
    THERE looks to be at least 30 sticking points at present and how they already have these in hand makes one wonder who actually wrote the darn bill.

    January 1, 2013 at 12:55 pm | Report abuse |
    • Portland tony

      That's precisely why you have staff, interns and lobbyists who keep each representative appraised of what's in the bill. Plus the senior leadership in the house keeps members up to speed on any controversial content.

      January 1, 2013 at 1:54 pm | Report abuse |
  12. chrissy

    Amen @ C.K! But you just promoted Cantor didnt ya! lol from dogwalker to batboy!

    January 1, 2013 at 1:34 pm | Report abuse |
  13. Hide Behind

    SHORT AND SWEET:
    This new Bill is an illegally entered law, and if you do not understand what parlimentary procedures were and still are being broken then so be it.
    Just quit your whining and take what you get.

    January 1, 2013 at 1:49 pm | Report abuse |
  14. banasy©

    LOL...

    January 1, 2013 at 2:02 pm | Report abuse |
  15. the prophet

    bill content: cuts in federal aids to Education, cuts to Medicare, social security retirement age increase, cuts in military spending, cuts in education special education specifically, interest home deduction eliminated, 6% federal income tax increase and 3% state to people making over 68,000 per year alcohol and tobacco and fire arm tax introduced.

    January 1, 2013 at 3:37 pm | Report abuse |
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