Was getting a debt ceiling bill — any bill — through the House enough to save John Boehner’s speakership? The hardest part may actually be yet to come.
News Corp. orders its New York Post employees, as a precaution, to preserve any documents pertaining “to unauthorized retrieval of phone or personal data” and “to payments for information to government officials.”
Boehner’s bastardized debt ceiling bill passes 218-210. Twenty-two Republicans voted against it.
Voting on Speaker Boehner’s revised-but-still-DOA debt plan just began. Watch live.
Obama hits his lowest approval rating ever in the Gallup poll: 40%.
I’m not sure how else to describe what House Republicans have been doing for the last three days.
Set aside the acting-out, the ideological myopia, and the general chaos. Those speak for themselves. Any objective analysis of the latest Boehner proposal comes down to one simple question: If passed as is, would it preserve the AAA credit rating of the United States? The answer is quite clearly a resounding “No.” Read More
Democrats eye which Republican senators could support the Reid plan.
Just minutes after President Obama urged the parties to come together and avert this default crisis, things are actually going backwards in the House. And in pretty incredible fashion.
To secure enough votes from his own members for his plan, Speaker Boehner is amending it to basically turn it into Cut, Cap, and Balance Lite.
Here’s the key new provision that is apparently going to win enough GOP votes to pass the bill: Read More
Rep. Jeff Flake (R-AZ), a hard “No” vote on the Boehner plan, just announced to reporters following a GOP conference meeting that he would now vote “Yes” on a revised version of the Boehner plan.
The early indications we’re getting, from Majority Leader Eric Cantor, is that the revised Boehner plan will provide for a short term debt ceiling increase and then require a vote on a balanced budget amendment before a subsequent longer term debt ceiling increase through 2012.
Still very early. Reports still sketchy. More soon …
Spirit of Compromise Update: One of our reporters just checked in with the news that the new provision requires the balanced budget amendment to pass both chambers and be shipped to the states before House GOP would approve the second debt ceiling increase.