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 hide caption

itoggle caption 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. Jacquelyn Martin/AP hide caption

itoggle caption Jacquelyn Martin/AP

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. John Hanna/AP hide caption

itoggle caption John Hanna/AP

House Speaker John Boehner appears at a news conference after a House Republican conference meeting Wednesday on Capitol Hill. Alex Wong/Getty Images hide caption

itoggle caption Alex Wong/Getty Images

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. YouTube hide caption

itoggle caption YouTube

House Speaker John Boehner, seen last week, discusses the looming fiscal cliff. Brendan Hoffman/Getty Images hide caption

itoggle caption Brendan Hoffman/Getty Images

Tagg Romney, the eldest son of presidential candidate Mitt Romney, shakes hands with Barbara Irby at GOP headquarters in Lynchburg, Va., last month. Sam O'Keefe/AP, News & Daily Advance hide caption

itoggle caption Sam O'Keefe/AP, News & Daily Advance

U.S. Sen. Sherrod Brown (right), D-Ohio, debates his Republican challenger, Ohio state Treasurer Josh Mandel, at the City Club in Cleveland on Oct. 15. Tony Dejak/AP hide caption

itoggle caption Tony Dejak/AP

Alan Shull attends a job fair in Portland, Ore., on April 24. Rick Bowmer/AP hide caption

itoggle caption Rick Bowmer/AP

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. Cliff Owen/AP hide caption

itoggle caption Cliff Owen/AP

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. iStockphoto.com hide caption

itoggle caption iStockphoto.com

President George W. Bush signs tax cut legislation on June 7, 2001. The cuts from this and a subsequent bill are set to expire at the end of 2012. Stephen Jaffe/AFP/Getty Images hide caption

itoggle caption Stephen Jaffe/AFP/Getty Images