The opposition political party, Puea Thai, is conducting a censure debate against the PM and current government. They will attempt to present evidence that that the government has conducted some wrong doing in hopes that some of the coalition parties will drop from the government. While this will undoubtedly get some MP's "valuable" TV and media time, it will do nothing to bring down the government.
The PM announced a few days ago that there will be no new elections this year. He stated that the November election date that he proposed was contingent upon the protesters accepting it immediately.