Originally Posted By: six_of_one
Wait, what? What's the reasoning there?

A vote on the current bill raises taxes above $400K/$450K level. There was no other bill to follow this. Senate republicans just voted for a tax hike for the wealthy. The House leadership is saying no to that.

Unlike the bill they have now, in the 113th Congress a new bill for the $200K/$250K limit allows for a vote to CUT taxes only. They can argue all they want about subsequent tax cuts for higher wage earners and spending cut offsets.

It's the unemployment benefits and the debt ceiling that are going to once again be held hostage. But Republicans are going to be feeling a little beat up for jumping the fiscal cliff and lots of people all over the country are going to be damn angry. The GOP may not want the abuse and humiliation to fight these other battles with no political gain.