In a stunning defeat, Speaker John Boehner (R-OH) called off a vote Thursday night on his Plan B to avert the fiscal cliff, citing a lack of support from his own party. Boehner issued the following statement as an emergency meeting of the House Republican Conference was ending:
The House did not take up the tax measure today because it did not have sufficient support from our members to pass. Now it is up to the president to work with Senator Reid on legislation to avert the fiscal cliff. The House has already passed legislation to stop all of the January 1 tax rate increases and replace the sequester with responsible spending cuts that will begin to address our nation’s crippling debt. The Senate must now act.