[Breaking News] Plan B vote canceled in House Thursday: Boehner

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WASHINGTON (MarketWatch) -- House Republican leaders canceled a vote on a tax-cut plan linked to fiscal-cliff talks on Thursday night, saying it didn't have the votes to pass. The Republicans' "Plan B" would have extended tax cuts on incomes below $1 million. President Obama had said he would veto the bill, and House Speaker John Boehner said in a statement that it's up to Obama and Senate Democrats to avert the fiscal cliff. U.S. stock index futures moved lower after the news, with Dow Jones Industrial Average futures down 0.2%, while Japanese stocks, which were trading at the time, came off their early highs.

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