Punchbowl News: “We’ve spent the last few hours camped outside of Speaker Kevin McCarthy’s office. The general consensus is that the House Republican leadership is pushing hard to hold a vote on their debt-limit plan Wednesday. There are potential attendance problems on the GOP side on Thursday, so the leadership is under pressure to get this voted on as quickly as possible.”
“As we’ve reported extensively, there are two key pockets of Republican members that have problems with the bill as it stands — conservatives and Midwesterners from ethanol-producing states. Conservatives want to make the package more stringent, and Midwesterners are opposed to eliminating tax credits for ethanol.”
“Together, this is between eight to 12 no votes, a major concern for McCarthy and top Republicans. They can lose only four votes.”