House Democratic Leader Nancy Pelosi (Calif.) on Sunday repeated threats to file a “discharge petition” and force a House vote to extend current tax rates for households making under $250,000 a year.
The Senate has already approved extending those rates, but the House GOP objects to the measure, instead calling for all of the expiring Bush-era tax rates to be extended across-the-board.
In order to bypass the House majority party's right to schedule floor votes, the California Democrat would need to garner 218 signatures, including more than 20 Republicans, to overcome the legislative hurdle.
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She can jump up and down all she wants. I can't listen this time. Borrow a hundred billion for all I care! Geightner's right, erase the debt ceiling, bring on mass inflation and crash the economy now. Riots and mayhem
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