Speaker Boehner’s Plan B (per FNC Chad Pergram)

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.

Chad Pergram
FOX News
Senior Producer for Capitol Hill