The Washington Post reports:
House Republican leaders delayed until at least Friday a white-knuckle vote on legislation designed to ease the nation’s debt crisis, after hours of scrambling in vain to lock down the last votes needed for passage.
Majority Whip Kevin McCarthy (R-Calif.) told reporters shortly before 10:30 p.m. that there would be no vote Thursday night on the bill, which would increase the federal debt limit in two stages in exchange for major spending cuts.
The vote had been scheduled for around 6 p.m. Thursday, but as that hour neared, GOP leaders realized they didn’t have the 217 votes needed to send the measure on to the Senate.
The House Republican conference will meet Friday morning ahead of another planned vote.