[Proverbs 29:2] When the righteous are in authority, the people rejoice: but when the wicked beareth rule, the people mourn.

CNN BREAKING NEWS reports:

The Republican-controlled House of Representatives rejected Senate Majority Leader Harry Reid’s plan to raise the nation’s debt ceiling Saturday, voting against the bill 173-246.  The Democratic-controlled Senate rejected Speaker John Boehner’s plan Friday night.  The twin votes are a likely prelude to a long weekend of furious backroom negotiations between congressional leaders looking for a way to end a tense political standoff and avoid a potentially catastrophic federal default next week.  The Senate blocked Boehner’s measure almost immediately after the plan was approved by the House in a sharply polarized vote.