(CNN) - Warning that "the clock is ticking," House Democratic Leader Nancy Pelosi on Sunday reiterated her threat to bring about a House vote on a bill that would extend the Bush-era tax cuts for families making $250,000, but would allow the tax breaks to expire for those above the threshold.
The Democratic-controlled Senate already passed its version of the bill in July, with strong support from President Barack Obama.
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"If Speaker Boehner refuses to schedule this widely-supported bill for a vote, Democrats will introduce a discharge petition to automatically bring to the floor the Senate-passed middle class tax cuts," Pelosi said in a statement. The Democratic leader first warned of a discharge petition on Friday.
Under a "discharge petition," a bill can be brought to the floor without going through a committee or without approval of House leadership. The bill would need an absolute majority - 218 votes - to pass.
While there are only 192 Democrats in the House, some Republicans have expressed support for the bill.
The tax cuts are set to expire at the end of the year and are the largest point of contention in the deficit-reduction debate. Boehner and Republicans want to extend the cuts for all Americans, while Democrats want to do so for about 98% of the public, allowing taxes to increase on the top 2% of income earners.
Republican Rep. Tom Cole last week made headlines when he urged his party to pass the tax cut extension for the 98% of Americans now and deal with the rest at a later date. Boehner sharply disagreed with Cole, but a few other Republican members subsequently sided with Cole.
The Oklahoma congressman said he would continue to discuss his suggestion with colleagues, and predicted that if it came up for a vote, it would pass the Republican-led House.
Recent polls show public support for such a bill. According to a CNN/ORC International Poll released last week, 56% of people said taxes should be kept high to help lower-income people, while 36% said taxes should be kept low to create jobs.
With the looming end-of-the-year deadline, Pelosi stressed a sense of urgency in her statement Sunday.
"We must find a bold, balanced and fair agreement to avoid the fiscal cliff. The clock is ticking and stalemates are a luxury we cannot afford."
CNN’s Tom Cohen and Deirdre Walsh contributed to this report.
GO FOR IT NANCY! It's time to expose the Republicans for the frauds and betrayers of the People they are. They will do nothing for America unless they are forced to do so. Come 2014, Americans need to wake up and realize Republicans will never care about the PEOPLE and get them out of Congress so real work can get done and silly obstructionism and endless lies will stop.
Higher Marginal Maximum federal rates....from 35% to 39.6%......better or worse for economy?.....
I own 2 small businesses totalling 60 eimployees, both with calendar/fiscal year ends...each December I sit with accountant to determine whether to reduce year end profits by 1) taking additional income/bonus or 2) investing in business, either new equipment or employees.....HIGHER Marginal tax rates discourage me from doing *1 and encourage me to do *2, which is obviously more stimulative and better for our economy.......any small businessman understands this.....that is except Boehner who is trying to selll the "lie" that higher marginal tax rates would reduce jobs.......this is untrue and he knows it if he was ever in business as he states.
It is too easy for those that pay no taxes to raise taxes on those that do. It is time that everyone suffers when taxes are raised. Broaden the base. Everyone should pay for increased spending. Republicans do not cave to Obama and the Democrats.
You go Nancy! It's time someone did something! Behind you all the way.
The 98% has your back Nancy.
Middle class will not be taxed on income or taxes will not go up for those earning 250K. The 1st 250K will not be taxed.. it is any amount over the $250K will be taxed. Why can't Americans got this.... How many middle class households earn $250K a year... People wake up and smell the coffee.. Boehner does not want to raise the taxes for the rich although they also get a break on the 1st $250K... Happy to be a Canadian and I'm not at the mercy of politicians – although we do have the Republicans type of thinking in our Conservative Party.
Whats wrong with you people, it is bad enough we as tax payers have to support the lazy people that set around doing nothing but drugs and waiting on there next goverment check. Now you want more money to give them. Cut the free money and offer job training. At least make them employes of the state, drug test them and make them work cleaning streets and other projects. I can believe any person would want the goverment to TAKE someone elses money. Are you people stupid? WAKE UP. It is Thieft plain and simple.
Bring it up and get it voted on. Show the republicans up for what they really are, a bunch of greedy, hair brained liars. Maybe then these trailer dwellers will get the idea, that Mr.and Mrs. republican could care less about them and theirs.
can't wait til the mid terms – 2014 can't come soon enough – I hope Nancy gets to have the Gavel back – she's the only one who is 100 times smarter than Boehner – At least she can work with the president – instead of playing those games – not to mention all the political posturing. I Just Love that woman, she knows the in's & out's of politics.
No one needs to feel sorry for those paying on taxable income of $250,000.
Bob, lol if you can't live off 350k or more, then spend your money more wisely..maybe a Nissan instead of a Lamborghini.
U go grl! Show bohner what a real leader looks like. And if bohner cant lead i hope my president does every exsecutive order he can!
@katie-thank you 4 some clarity obviously some ppl need it. And the first $250,000 is taxed as the 98%. So 100% get tax break on $250,000 it's $ after that amount gets taxed higher.
If you make 250gs you are getting a tax cut. only the money made after 250g thats tax at a higher rate. most couples working together make less than 75g a year. so lets get done!
Good for Nancy Pelosi. Someone needs to get the House moving to change the tax laws. Nancy Pelosi moved things along. The Congress is now at a standstill. The GOP is hell-bent on investigating Libya even though they voted to reduce the expenditures for security for the diplomats. That is nothing more than a red herring. Keep on talking about Libya and do not do anything about the fiscal problems. The GOP wonders why they cannot increase their membership.
You know they are unhappy that the Democrats dare to have women in leadership positions. The GOP tries to remove women from positions of power unless she is just a puppet for other Senators or Representatives. I'me not sure they would have treated Sarah Palin as an equal had she become Vice President.
The GOP stance is that taxing those making over $250,000 will cause people to lose jobs. If this premise is correct, then why under Bush did we have over 10% unemployment and a recession that was the biggest financial crisis since the 1930's depression? So to the members of the GOP, when you take such a stance, please back up what you claim with real evidence. The evidence is against you. And you will take us over the cliff for a lack of evidence? Please. . . do you really want to do that?
wow you guys are zombies GOP thugs what has the GOP done nothing they have sat and taken attack after attack from the liberal media and the far left. You guys are being mislead and lied to by the democratic party the democratic party is evil i was once a democrat but looked at the actual agenda of democrats it's pure evil we are being taken on a ride wake up people. Agenda 21, National Defense Authorazation Act, Global Zoning, this is tyranny read a history book this must be stopped. The rich create jobs if you keep taxing the rich the rich leave. You hat e the rich so much Seven of 10 Richest Members of Congress Are Democrats! wake up Sen. John Kerry, D-Mass., net worth of $199 million. Sen. Mark Warner, D-Va., at $86 million Sen. Jay Rockefeller, D-W.V., with $83 million Sen. Richard Blumenthal, D-Conn., at $79 million Rep. Jared Polis of Colorado, with a net worth of $72 million. Sen. Frank Lautenberg of New Jersey, yet another Democrat, is at $57 million Sen. Dianne Feinstein, D-Calif., is estimated at $42 million. Nancy Pelosi of California inet worth of $26 million, and Senate Minority Leader Mitch McConnell of Kentucky $9 million
Do it, Nancy! You're our best hope
Who elected this Norquist guy?Did I miss something?
There's something a little strange about this Norquist guy.
Bailoutbob and Katie.
Bailoutbob your explanation is reasonable and still leaves you having and being able to pay for all you need, once kids grow up you will still be able to save a lot of money for all old age. Most people will get bored and not finish your long blog.
Katie is right short & sweet and uncomplicated and below $250K you are not going to be affected. It is also true that the marginal rate up to $400K is 33% not 35 % or 39.6%.
That said if Pelosi can procedurally force a vote on this Senate bill I say do it now rather than later. Then maybe we can have a sensible discussion on spending and entitlements to cover that side of the cliff and other tax matters, as temporary solutions pending a full tax reform review.
It time to stand up to the party of NO.
The majority of Americans want people making over $250K to pay their fair share of taxes.
When that happens maybe we can get the corporatons that pay zero taxes to pay up too!
Rich is a relative term. The facts are that the median household income in America is $50,100 and $250,000 puts you squarely in the top 2%. The per capita income in NYC is $40,272. Relative to everyone else Yes $250,000 is rich. Even in NYC
The people are with you Nancy. The GOP should pass a tax break for middle-class Americans.
Bonjour Street Smart - Listen to George Michael "Older." Imagine this: The media had it all twisted. Romney requested the lunch with Obama at the W.H., without media or staff, behind closed doors. Paul Ryan dropped off the "package" at the hotel first. Romney watched Obama eat his wife Ann's Turkey Chili while he thumbed through the hot "Obambi-Poo/Boston Hot Lips Deval Patrick" glossies. Copies to Larry Flynt and GOP Leaders. Romney told Obama what the GOP wanted then left with a big wicked grin. Perhaps this is all just fantasy? - Now visualize "Oz Prison Lovers" - Au revoir cheri, Lance (wink)