Politics | federal budget talks CBO: Dems' Plan Falls Short, Too ...about $500 billion shy of goal By Evann Gastaldo Posted Jul 27, 2011 9:38 AM CDT Copied Senate Majority Leader Harry Reid, D-Nev., talks about the conflicting plans to deal with the debt crisis, at the Capitol in Washington, Tuesday, June 28, 2011. (AP Photo/J. Scott Applewhite) Looks like the Republicans aren't the only ones whose debt ceiling plan falls a little short: The Congressional Budget Office says the Senate Democrats' plan would only cut the deficit by $2.2 trillion over the next decade, not the $2.7 trillion promised by Harry Reid, reports the Wall Street Journal. The CBO had similarly bad news for John Boehner's plan yesterday, which has added to the problems he's facing in gaining support for his plan. In need of some levity? Click for an amusing anecdote from yesterday's Republican talks. Read These Next Lily Allen's 'revenge dress' literally has the receipts. Two animals thought to have vanished 6K years ago are back. Rumors of Iran invasion swirl after Army calls off major drill. After 12-year-old boy's crash on e-motorcycle, his dad is charged. Report an error