House speaker reworking debt measure to meet projections
(NEWSER) - John Boehner's debt ceiling plan has had a lousy day: In the latest setback, the Congressional Budget Office says it doesn't cut as much as Boehner thought—the CBO puts the figure at $850 billion over a decade, instead of the $1.2 trillion promised by the House speaker, reports the Washington Post . (Read the CBO letter here .) As a result, Boehner and his aides were scrambling to rework the measure. A House vote scheduled for tomorrow has been delayed and now might take place Thursday. Whenever it arrives, however, there's no guarantee it will pass. More»