Tags: boehner | budget | plan | cbo

Boehner Reworks Plan after Cuts Fall Short

Tuesday, 26 Jul 2011 08:19 PM

WASHINGTON - U.S. House Speaker John Boehner is reworking his budget plan after an analysis found that its spending cuts fall short of what he promised, a spokesman said Tuesday.

"We promised that we will cut spending more than we increase the debt limit -- with no tax hikes -- and we will keep that promise," Boehner spokesman Michael Steel said. "As we speak, congressional staff are looking at options to rewrite the legislation to meet our pledge."

The nonpartisan Congressional Budget Office found the plan would cut spending by $850 billion over 10 years, rather than the $1.2 trillion as the bill promised.

(Reporting by Andy Sullivan; Editing by Sandra Maler)

© 2015 Thomson/Reuters. All rights reserved.

1Like our page

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

America's News Page
©  Newsmax Media, Inc.
All Rights Reserved