House scraps vote; deal now in Senate hands

|By:, SA News Editor

"It's all over. We'll take the Senate deal," says a senior GOP aide after House Republicans abandoned a plan to bring their own bill to the floor.

"Senator Reid and Senator McConnell have re-engaged in negotiations and are optimistic that an agreement is within reach," says a spokesman for Sen. Reid.

S&P 500 (SPY) futures pop 0.8%.

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