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Boehner fixes bill, clearing the path for likely passage

It appears that Speaker John Boehner has fixed his debt legislation to get the GOP support needed to pass it in the House.

The fix: Before President Obama could request a second debt-ceiling increase -- which would come in early 2012, under the Boehner bill -- a Balanced Budget Amendment to the Constitution would have to pass both the House and the Senate. (The Senate has already tabled House GOP legislation that includes the Balanced Budget Amendment.)

With this revision, House GOP members left their conference meeting this morning optimistic that Boehner's new plan would pass the House.

Rep. Phil Gingrey (R-GA) left the meeting and says the new Balanced Budget Amendment stipulation has changed him from a "no" to a "yes."

Rep. Louie Gohmert (R-TX), who was a definite "no" yesterday -- "bloodied and beaten no," as he put it -- is now on the fence, leaning on "yes."

Others were optimistic but skeptical of the new bill, saying they needed to see if before they made a decision.

The problem that this revised legislation now has, even if it passes: It will have a very difficult time getting 60 votes to clear the Senate.

"They have basically given the right wing even more than they have before," Senate Majority Leader Harry Reid told reporters. "What is being done in the House is not a compromise."

Then he added about his own legislation, “The only compromise that there is, is mine.”