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a downgrade. now, the political standoff as we know it is escalating this hour. a senior gop official, a house aide, i should say, telling fox news that house republicans will pass their debt plan today. we thought that yesterday. we ll see if it happens today. a bill that senate democrats say is dead on arrival, though, as they move ahead with their own debt limit bill setting up a showdown vote really for this weekend. ahead of that host of your world, neil cavuto, is live on capitol hill with his observations about what s happening down there in d.c., neil. first of all, let s start off with the economy though. what is the latest news telling us about the state of our economy today? reporter: well, jenna, i m glad you led with that right away. that is the big news here, and for the markets the far bigger worry. you know, a lot of people say the market is what s going on in washington. that is only partly true. the markets have been hiccupping to to the degree they have been precis

House republicansSpeaker of the houseDont saya wordHouse aideFox news alertNeil cavutoCapitol hillShowdown voteDebt limit bill settingJenna leeYou ledIn washingtonGdp increase1 3