2:42pm | Boehner and McConnell to speak at 3:30.
This will be one to pay attention to.


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2:40pm | Pelosi on the House floor.
Urges Democrats and Republicans to support Reid legislation.

Pelosi asks why GOP bringing the Reid bill up under "suspension of the rules" which requires a two-thirds vote.

Pelosi calls the Boehner bill "perfectly absurd."

Pelosi refuses to yield to GOP Rep. Dreier who tries to get in a word edge-wise.


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2:35pm | Obama supports the Reid bill — again.
The Office of Management and Budget says President Obama supports the version of the Reid bill introduced in the House. Republicans are set to vote the bill down within the hour.



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