On Saturday the House rejected Senate Majority Leader Harry Reid's plan to raise the debt ceiling by a vote of 173-246, a day after the Senate tabled the House's preferred version. The plan was expected to fail in the House, as it was brought up under special rules that required a two-third's majority for passage. Reid will now head up to the White House to meet with President Barack Obama, with time running out before Tuesday's deadline to strike a deal.
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