Urgent: Plan B works like this
Per Pergram-Capitol Hill
House takes the Senate passed legislation which extends tax breaks for those who earn up to $200,000 or couples making up to $250,000, and amends it with Boehner’s plan to increase taxes on millionaires.
Sends it back to the Senate.
This is classic Congressional Ping Pong.
The understanding is that the House would move this bill on Thursday.
Senior Producer for Capitol Hill