What about the Restaurants and small businesses who make over $1 million a year? Plan B would have raised their taxes and they have a lot more people to fire. Don’t worry, Obama will cut your taxes for you.
Some millionaires may be on the edge, but there are a lot more businesses on the edge between $250,000 and $1 M.
This bill would have protected these smaller businesses, portrayed the GOP as compromising, and put the onus on the WH to compromise further with spending cuts.