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Despite some of the decisions made in d.c., we could still see 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 happen...

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 wit...

Showdown vote to break the fillibuster. >> this bill is about protecting democrats from criticism ahead of the november election. a transparent attempt to rig the fall election. >> democrats say if that were true the unions might be on board. the idea that this limits free speech is bogus. the idea that this bill is unbalanced is bogus. >> one thing the president will win is more deficit funding for the afghanistan war, the house moved toward passage of $33 billion, a vote that unified republicans and divided democrats. the president will also win confirmation of elena kagan to the supreme cou...