pelosi and progressives may try to block it: http://www.marketwatch.com/story/pe...port-debt-deal-2011-07-31?link=MW_latest_news
I swear that if the trend continues, the world will end on a Sunday night just prior to Globex opening. It's farcical how every single bit of market moving news has to be released on a Sunday night.
Why are they called "progressives"? It sounds like they're the "good" guys by definition. It's the same with "democracy": if you look up the definition you learn that "democracy" allows for the persecution of minorities when not bounded by a Constitution, but in that case it is called a "republic". Politicians and media incorrectly use the term "western democracies", just for propaganda reasons.