Republican Proposal Collapses; Vote Postponed

Revelation 6:5,6 NCV When the Lamb opened the third seal, I heard the third living creature say, "Come!" I looked, and there before me was a black horse, and its rider held a pair of scales in his hand. Then I heard something that sounded like a voice coming from the middle of the four living creatures. The voice said, "A quart of wheat for a day's pay, and three quarts of barley for a day's pay, and do not damage the olive oil and wine!"

A proposal from Republicans in the House of Representatives collapse on Tuesday evening forcing leaders to postponed a scheduled vote.

Sources inside the party said more conservative members were openly against the plan being rushed through by House Speaker John Boehner. The delay increases the chances that Congress would not be able to reach an agreement before Thursday’s debt ceiling limit.

Senate Majority Leader Harry Reid and Minority Leader Mitch McConnell are working together to try and arrange a settlement that would be approved by the Senate. Any deal would need approval by the House and analysts say it’s unlikely the House will immediately approve any Senate proposal.

The Treasury Department said they only have $35 billion on hand to pay bills.

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