The House and Senate have just reconvened for what is set to be an extraordinary weekend session of down-to-the-wire maneuvering, with now just days to go until the U.S. faces a possible default on its debts.
With little margin for error, here’s the current state of play:
- The House will at some point in the next hours preemptively vote down Harry Reid’s plan in the House, essentially to prove (as though there were any doubt) that the House GOP hates it.
- The real action, however, is on the Senate side, where Harry Reid is courting votes behind the scenes in order to put together the magic number of 60 to break filibuster, and successfully invoke cloture on his plan. That vote is currently expected around 1 a.m. Sunday. If he’s successful, that would - just - leave enough time for a bill to head back to the House (where passage isn’t assured) and then reach the President’s desk before the default deadline.
But that’s a lot of ifs, with no time to spare.
We’ll be with you throughout. Keep it here.