After failing to secure enough support Thursday night, the speaker will likely bring his altered measure to the floor on Friday
House Republicans say they are set, finally, to vote on Friday on Speaker John Boehner's debt ceiling bill after embarrassing snafus.
Revisions were made overnight to deal with Republican conservatives' concerns with the measure, including the promise of a vote on a balanced budget amendment to the Constitution. Senate Majority Leader Harry Reid, D-Nev., and Democrats remained poised to knock down the measure and move on their alternative.
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President Obama, making a hastily-arranged statement at the White House, urged both parties to come to agreement quickly to avoid a potentially catastrophic default or downgrade to the U.S. credit rating next Tuesday.
"There are plenty of ways out of this mess," the president said. But he added ominously, "We are almost out of time."
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After a closed-door meeting in the Capitol, Republican House members said the vote on Boehner's proposal is back on. "They made some changes and we're going ahead. There enough votes to pass it and we'll send it over to the Senate," said Ways and Means Committee member Rep. Vern Buchanan, R-Fla., as he and other members exited a closed-door morning meeting of House Republicans.