A Truly Balanced Fiscal Cliff Deal Requires A Lot More Revenue Than Obama’s Plan

A Truly Balanced Fiscal Cliff Deal Requires A Lot More Revenue Than Obama’s Plan: pHouse Majority Leader John Boehner (R-OH) threw a new twist into the debate over the so-called “fiscal cliff” today, announcing that he’ll move forward with a vote to allow the Bush tax cuts on income in excess of $1 million to expire. That’s a step back from President Obama’s latest proposal to raise taxes on [...]/p