HR 1207 failed to pass in the House.
What is particularly troubling to me is my Congressman, John Barrow originally signed on as a co-sponsor. But he just voted against it.
I have emailed him to let him know he will NOT be getting my vote.
You can check here to see how yours voted: http://www.ronpaul.com/2010-07-01/audit-the-fed-fails-229-198/