[Reily]

The outgoing House does this!
Pelosi;s House, anyway it isn't likely to be any better!
The Senate picks the Veep (Outgoing Senate!)
We could end up with a Pres Obama & VP Palin.

[stillonaroll]

In the event of an electoral vote tie, it would be the new House that selects the president, according to this:

http://usgovinfo.about.com/od/thepoliticalsystem/a/electiontie.htm

And this:

http://abcnews.go.com/Politics/Vote2008/Story?id=5386278&page=2

"If the election is kicked to the House, Obama or McCain would have to control a majority of the 50 state delegations to win the White House. The newly elected and re-elected House members would vote in any doomsday scenario..."