Curious, how come there is not enough support from the Republican caucus?
"The U.S. House of Representatives has delayed a vote on a Republican plan to cut government spending and raise the federal borrowing limit in two stages. With only five days until a potential default on the national debt, drama reached a peak in the House late Thursday, as the Republican Speaker of the House, John Boehner, postponed the vote amid reports he did not have enough support among his own Republican caucus to pass it. "
But the Senate won't pass it anyway?
"On the Senate side, 53 Senate Democrats have signed a letter saying they will not vote for the Boehner plan, so analysts says the House measure has virtually no chance of passing the Senate, even if the Speaker manages to get it passed in the House on Friday. Senate Majority leader Harry Reid has put forward his own plan to raise the debt limit and cut spending, and it has been endorsed by President Barack Obama."
This is not looking good, folks. Partisan issues need to be limited to reach a compromise. This is scaring the rest of the world markets.