Live updates: House balks at Senate deal to end fiscal standoff

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House Speaker John Boehner speaks during a press conference that only sparked more questions.
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House Speaker John Boehner speaks during a press conference that only sparked more questions.

UPDATE: 12:06 EST More reports now indicate the House GOP did not have the support of its own caucus for its emerging counteroffer.

UPDATE: 12:00 EST:Democratic leaders tore into the GOP counter offer, and insisted it had zero chance of passing the Senate. Reid accused "extremist Republicans" of "attempting to torpedo the Senate's bipartisan progress," adding that their "awful bill is doomed for failure." He also took to the Senate floor to reiterate: "Let's be clear, the House legislation will not pas the Senate."

House Minority Leader Nancy Pelosi (D-Cali.), meanwhile, led her leadership team in a press conference to denounce her Republican counterparts.

ORIGINAL:Less than 24 hours after the Senate reported "substantial progress" toward ending the government shutdown and raising the debt ceiling with a bipartisan compromise, House Republicans seemingly put the kibosh on the plan — and hard.

With furious House conservatives in full revolt over what they view as a betrayal by their Republican colleagues in the Senate, the House GOP leadership moved to draft their own counteroffer.

Yet in a cagey press conference late Tuesday morning, Speaker John Boehner (R-Ohio) backed off from endorsing the emerging framework of his caucus' own plan, leaving in doubt where negotiations stand with less than 48 hours to go before the nation hits the debt ceiling.

On Monday, Senate Majority Leader Harry Reid (D-Nev.) and Minority Leader Mitch McConnell (R-Ky.) reached a tentative agreement to fund the government until January 15 and raise the debt ceiling until early February, while gently tweaking ObamaCare and paving the way for budget talks.

But overnight, House conservatives decried the emerging framework as a complete GOP cave. From National Review's Robert Costa:

A flurry of phone calls and meetings last night and early this morning led to that consensus among the approximately 50 Republicans who form the House GOP's right flank. They're furious with Senate Republicans for working with Democrats to craft what one leading tea-party congressman calls a "mushy piece of s**t." Another House conservative warns, "If Boehner backs this, as is, he's in trouble." [National Review]

The House reportedly then began work on their own counteroffer, framing it as a plan to "make the Senate agreement fairer for the American people." Yet Boehner, squeezed by restive Tea Partiers and legislative reality, apparently may not even have the votes in his own caucus for that deal, according to the Washington Post. And the White House emphatically blasted it as a "ransom" and a "partisan attempt to appease a small group of Tea Party Republicans for forced the government shutdown in the first place."

Again boxed in on both the right and left, Boehner and the House GOP leadership held a press conference to announce they had yet to settle on a path forward, suggesting that the House GOP's plan had fallen apart in a matter of hours.

"There have been no decisions on what, exactly, we will do," Boehner said, adding he hoped to "try to find a way to go forward today."

SEE ALSO: The last word: He said he was leaving. She ignored him.

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