2:00am

Wed July 27, 2011
Politics

House GOP Reworking Debt Plan After Delay

Despite the prospect of U.S. debt default if an Aug. 2 deadline isn't met, lawmakers continue to wrangle over competing proposals to increase the debt limit and cut spending. The House is working on a plan put forward by Speaker John Boehner; awaiting a vote in the senate is Majority leader Harry Reid's rival plan.