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U.S. House Postpones Debt-Ceiling Vote as Compromise Sought

House Speaker John Boehner, falling short of the votes within his own party needed to increase the U.S. debt limit after a night of one-on-one appeals to members, cancelled a vote on a plan that Senate leaders pledge to defeat.

Representative Kevin McCarthy of California, the House’s chief vote-counter, told reporters after several hours of closed-door meetings that there would be no House vote tonight.