John Boehner's 'Plan B' Fiscal Cliff Proposal Panned By White House, Cautiously Backed By Republicans

WASHINGTON -- Democrats from the White House and beyond panned the new "Plan B" proposal of House Speaker John Boehner avoid at least the tax portion of the fiscal cliff, but anti-tax GOP House members sounded cautiously optimistic about the idea of passing a measure that allows tax hikes only on income over $1 million.

Boehner said on Tuesday that he is working up the proposal in the event that he and President Barack Obama are unable to come to a broader agreement by the looming Dec. 31 deadline, after...