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House Republicans to vote on "fiscal cliff" bill Thursday: Cantor
December 19, 2012 / 12:08 AM / 5 years ago

House Republicans to vote on "fiscal cliff" bill Thursday: Cantor

WASHINGTON (Reuters) - U.S. House of Representatives Majority Leader Eric Cantor said he expects a vote on a Republican offer to avert the “fiscal cliff” on Thursday, and he expects to have enough votes to pass the measure.

House Majority Leader Rep. Eric Cantor (R-VA) speaks at a news conference after a Republican caucus meeting on Capitol Hill in Washington on December 18, 2012. U.S. House of Representatives Speaker John Boehner emerged from a meeting with fellow Republicans on Tuesday morning pledging to press forward on talks to avert the "fiscal cliff," as hope of a deal rose. REUTERS/Joshua Roberts

Cantor spoke on Tuesday, a day after top Republicans rejected the latest White House offer to avert some $600 billion in tax hikes and spending cuts looming at year’s end, known as the fiscal cliff.

Instead, Republicans plan a vote on a bill to raise taxes on income above $1 million while extending low rates for other taxpayers.

Reporting by Kim Dixon; Editing by Eric Walsh

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