Boehner pulls ‘cliff’ Plan B as GOP splits

$1 million-threshold bid stalls

Posted: December 21, 2012 at 12:07 a.m.

In Washington on Thursday, U.S. Sen. Charles Schumer, D-N.Y., indicates how close he believes lawmakers are to a deal on avoiding the “fiscal cliff.”

Confronted with a revolt among the rank and file, House Republicans abruptly scrapped a vote Thursday night on legislation allowing tax rates to rise for households earning $1 million and up, complicating attempts to avoid a yearend “fiscal cliff” that threatens to send the economy into recession.

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Front Section, Pages 1 on 12/21/2012