U.S. House fails to produce plan to avoid default, to try Wednesday

WASHINGTON (Reuters) - The Republican-led U.S. House of Representatives has failed so far to produce a plan to lift the threat of a government default and has abandoned plans to vote on any measure on Tuesday.

Representative Pete Sessions, a senior House Republican, emerged from a meeting in House Speaker John Boehner's office telling reporters Republicans would try to come up with a new plan on Wednesday.

With the U.S. government facing a Thursday default deadline, Boehner tried twice on Tuesday to move a debt limit and government funding bill to the House floor for passage but failed to get enough support.

(Reporting By Richard Cowan and Amanda Becker; Editing by David Brunnstrom)

Source: http://news.yahoo.com/u-house-fails-produce-plan-avoid-default-try-231241585--finance.html
Similar Articles: randall cobb   powerball   lesean mccoy   neil armstrong   oprah winfrey