Flake Flips

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.