CAP en Español
Small CAP Banner

Idea of the Day: Plan B Won’t Resolve the Fiscal Showdown

  • print icon
  • SHARE:
  • Facebook icon
  • Twitter icon
  • Share on Google+
  • Email icon
idea light bulb

House Speaker John Boehner’s (R-OH) latest gambit to avoid making a deal to resolve the ongoing fiscal showdown would seriously damage the economy, raise taxes on millions of middle- and low-income families, and accomplish almost nothing to meaningfully address our long-term budget challenges. Other than that, it’s a great idea.

Earlier this week, President Barack Obama made House Republicans an exceedingly reasonable offer that moved more than halfway between each side’s starting bargaining positions. But instead of taking the deal or making a reasonable counterproposal, Speaker Boehner rejected the president’s offer and instead turned to what he is calling “Plan B.” Plan B’s patina of compromise—it allows a portion of the Bush tax cuts to expire for those with incomes of more than $1 million—is merely a shell of a plan that is bereft of seriousness and does way more harm than good.

For more on this topic, please see:

To speak with our experts on this topic, please contact:

Print: Liz Bartolomeo (poverty, health care)
202.481.8151 or

Print: Tom Caiazza (foreign policy, energy and environment, LGBT issues, gun-violence prevention)
202.481.7141 or

Print: Allison Preiss (economy, education)
202.478.6331 or

Print: Tanya Arditi (immigration, Progress 2050, race issues, demographics, criminal justice, Legal Progress)
202.741.6258 or

Print: Chelsea Kiene (women's issues,, faith)
202.478.5328 or

Print: Beatriz Lopez (Center for American Progress Action Fund)
202.741.6255 or

Spanish-language and ethnic media: Rafael Medina
202.478.5313 or

TV: Rachel Rosen
202.483.2675 or

Radio: Sally Tucker
202.481.8103 or


This is part of a regular column: Idea of the Day

For more from the same column, click here