House Republican leaders delayed until at least Friday a white-knuckle vote on legislation designed to ease the nation’s debt crisis, after hours of scrambling in vain to lock down the last votes needed for passage. Boehner’s speakership may be on the line.
Senate Democrats were talking compromise, saying they would essentially take the Boehner bill but without the requirement that recommendations from a new commission be accepted before a second vote on the debt ceiling at the end of the year.
Obama is expected this morning to announce gas mileage standards that will boost average fuel economy to at least 54 miles per gallon by 2025. He’ll also likely opine on the debt ceiling.
Lawmakers plan to gut the Defense Department as the nation engages in wars in Iraq, Afghanistan, Libya and against terrorism.
Michele Bachmann said she won’t support the Boehner bill and derided administration “scare tactics.” Sarah Palin tries to have it both ways, reminding Republicans about their commitments to reduce spending but not explicitly opposing the Boehner bill.
Jon Huntsman touts his green credentials.
Business leaders are airing their growing unhappiness with Obama.
And the White House says Iran has a secret deal with al Qaeda.