2:33pm | Compromise vs. Solutions:
Rep. Alan Nunnelee (R-MS): "We hear [Democrats] talk a lot about compromise. The American people want solutions."


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2:19pm | Democrats love The Wall Street Journal today.
Citing this op-ed repeatedly: "Republicans are not looking like adults to whom voters can entrust the government."


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2:13pm | Pelosi to speak shortly.



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2:07pm | McConnell spokesman says "Reid bill is over."

If Republican opposition holds, Reid may be forced to ammend his plan in order to gain the 60 votes required to end debate on the measure.

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2:04pm | The Congressional Black Caucus may not vote for the Reid bill.
POLITICO reports they are meeting today to decide whether to back it. Earlier this week they called for a "clean" increase in the debt limit with no spending cuts.


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2:01pm | Rep. Sander Levin: "This is a disgraceful moment."

Calls Rep. David Dreier's position on the Reid plan "pernicious nonsense."
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1:59pm | Michele Bachmann on the House floor.
The Minnesota representative and GOP presidential candidate attacks Obama for demanding "blank checks" and not offering a plan to bring down the deficit. She voted no on the Boehner debt limit plan and says she is a no vote on any plan to raise the debt limit.


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1:55pm | Fiery speech from Democratic Whip Rep. Steny Hoyer on the House Floor:
"You have not moved a single centimeter toward compromise on a debt bill."

He says the Reid bill incorporates the views of Speaker Boehner and Leader Eric Cantor and makes it a long term debt limit increase.



Read more: [link to www.businessinsider.com]