No Budget, No pay Vote coming

The House is now debating the "No Budget, No Pay" Delay-and-Pray bill debt-ceiling-extension and is due to vote around 1230ET. As CSPAN notes, the deal would raise the government's current $16.4 trillion debt limit until May 19. In exchange, the House and Senate must pass a budget resolution by April 15 or place members' salaries in an escrow account until the chamber acts.

I doubt this is really anything more than theatrics and I'd expect the market understands this better than anyone, so I don't expect there to be much movement on this, but who knows, sometimes they just need a reason to cover their tracks.