Sunday, July 24, 2011

Boehner aims to release new debt plan by Sunday afternoon

House Speaker John Boehner (R-Ohio) told his GOP rank-and-file that congressional leaders are working round the clock on a deal set for release before the Asian markets open on Sunday at 4 p.m., a source tells The Hill.

Boehner gave few details as to the yet-to-be-seen proposal, according to an official who participated in the conference call held following a tense meeting at the White House on Saturday afternoon.

"He didn't mention any details; he said the big deal is the Asian markets tomorrow and therefore, we've got to get something out there," the source said, with a cynical attitude as to the urgency of the Asian markets.

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