Monday, August 1, 2011

Debt Deal Blow-By-Blow: Democratic Press Conference Cancelled, Boehner Appearance Postponed, As Vote-Counting Continues

2:38pm | Rep. Darrell Issa (R-CA) tells reporters the debt deal will pass the House with more than 300 votes.

2:30pm | Biden speaks. Biden: "We have to get [the debt ceiling] out of the way to get back to growing the economy." Biden repeatedly used the phrase "if it passes." But he said "I feel confident that this will pass."

Biden: "This bargain does not prevent us from being able to continue to fund those initiatives within our budget that are the job creators."

2:26pm | Pelosi tells reporters: ""The Vice President was quite magnificent" in the Democratic caucus meeting. (P.S. She still has not publicly endorsed the debt deal.) Asked if it can it pass, she replied: "You have to ask the Speaker. He has the majority."

2:21pm | House Armed Services Committee members to meet with Boehner at 2:30pm to discuss potential defense cuts included in debt deal.

2:19pm | Boehner to reporters after the GOP caucus meeting: "I'm doing great!" Note to Our Readers: last Thursday (the day his plan nearly failed a House vote) Boehner said he was having a "Zippitydoodah-day." Go figure…

http://www.businessinsider.com/live-coverage-the-debt-deal-endgame-2011-8

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