Where we stand as of 10:45 a.m. EST.

Via Zero Hedge:

Below is the latest soap opera update per Bloomberg:

  • House can pass Boehner debt-limit proposal without the support of no more than 23 of chamber’s 240 Republicans; 17 have said they will vote “no,” according to Bloomberg count.
  • US House of Representatives tentatively scheduled to vote on Boehner debt bill between 5.45-6.15 PM EDT
  • Measure needs 217 “yes” votes to pass.
  • No Democrats have said they will support the plan.
  • Vote expected around 6 p.m.
  • House Republicans meeting this morning at 9 a.m.
  • Reid has said measure will not pass Senate and Obama has threatened veto.

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