The Huffington Post reports that the Republicans will keep both the House and the Senate in session. Basically, Obama asked for this yesterday. The question is whether they will do anything. Huff Post thinks somebody will just appear on the floor every few days and make some meaningless statement to keep the session active. If so, it will be meaningless for the debt crisis.
Another result, however, will be to prevent Obama from making recess appointments, in particular of Elizabeth Warren. I find it significant that the Republicans and big business are so afraid of her. I think she is just someone who supports the average American. It means to me that the Republicans and big business must really hate the average American. They succeed by following P.T. Barnum's saying that "There's a sucker born every minute."