House Speaker John Boehner, R-Ohio, joined by House Majority Leader Eric Cantor, R-Va., speaks to reporters about the "fiscal cliff" negotiations at the Capitol on Friday.
J. Scott Applewhite/AP
House Speaker John Boehner pauses during a news conference Thursday. House GOP leaders abruptly canceled a vote on his measure after they failed to round up enough votes for it to pass.
Rep. Tim Huelskamp, R-Kan., shown in 2010, has said he would deserve a primary challenge if he voted for House Speaker John Boehner's "fiscal cliff" proposal, which would extend the Bush-era tax cuts only on income of less than $1 million.
A screen grab from an ad by the Defend My Dividend campaign, which is funded by utilities and other companies. They don't support a proposed increase in taxes from investment income.
A Marine Corp F-35B Joint Strike Fighter lands at Patuxent Naval Air Station in Maryland in 2011. Analysts say that if mandatory Pentagon budget cuts are imposed next year, fewer new planes could ultimately be ordered.
The Social Security tax rate is scheduled to revert to 6.2 percent next year, up from the temporary reduction — to 4.2 percent on an employee's first $110,000 in wages — which has been in effect since January 2011.