Plan 'C' Anyone? Boehner Humiliated As "Plan B" Lacks Enough Votes To Pass

Update: wow:

• HOUSE SCRAPS PLAN TO VOTE ON BOEHNER'S TAX `PLAN B' TONIGHT
• U.S. HOUSE PLANS NO VOTES UNTIL AFTER CHRISTMAS, BURTON SAYS
• BOEHNER SAYS `PLAN B' TAX PLAN LACKED SUPPORT TO PASS
• BOEHNER SAYS UP TO OBAMA TO WORK WITH REID ON BUDGET PLAN

Absolute total chaos. ES at lows of the days right now. Luckily, at least the debt ceiling is a firm deadline... Sometime in late March. Oh, and goodbye Boehner?

Market Reaction:

Following the unexpected gavel-out recess from the house, it appears Plan B is a no-go...

• *REPUBLICANS ARE DELAYING VOTE ON BOEHNER'S TAX 'PLAN B'
• *HOUSE REPUBLICAN LEADERS SAID TO PLAN 7:45 P.M. CONFERENCE

Plan 'C' anyone? EURUSD and ES sliding a little more on this news...