Plan 'C' Anyone? Boehner Humiliated As "Plan B" Lacks Enough Votes To Pass

Tyler Durden's picture

Update: wow:

  • HOUSE SCRAPS PLAN TO VOTE ON BOEHNER'S TAX `PLAN B' TONIGHT
  • U.S. HOUSE PLANS NO VOTES UNTIL AFTER CHRISTMAS, BURTON SAYS
  • BOEHNER SAYS `PLAN B' TAX PLAN LACKED SUPPORT TO PASS
  • BOEHNER SAYS UP TO OBAMA TO WORK WITH REID ON BUDGET PLAN

Absolute total chaos. ES at lows of the days right now. Luckily, at least the debt ceiling is a firm deadline... Sometime in late March. Oh, and goodbye Boehner?

Market Reaction:

Finally, the outcome really is not that complicated as we pointed out over a month ago:

 

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Following the unexpected gavel-out recess from the house, it appears Plan B is a no-go...

  • *REPUBLICANS ARE DELAYING VOTE ON BOEHNER'S TAX 'PLAN B'
  • *HOUSE REPUBLICAN LEADERS SAID TO PLAN 7:45 P.M. CONFERENCE

Plan 'C' anyone? EURUSD and ES sliding a little more on this news...