Woes mount for GOP debt plan:Vote delayed as members balk, savings fall short

The Boston Globe reports:

House Speaker John Boehner’s latest plan to avoid a default on the national debt ran into trouble, causing him last night to delay the vote planned for today while he rewrites the legislation.


Boehner encountered strong resistance from within his own caucus all day yesterday, as many conservative Republicans insisted his bill on the government’s debt ceiling did not cut deeply enough into federal programs. They vowed to oppose the legislation when it comes up for a vote, now possibly tomorrow. Also, President Obama threatened to veto Boehner’s measure, further diminishing its prospects.

Adding to Boehner’s problems was a report by congressional analysts saying his plan would create $850 billion in savings, not the $1.2 trillion he had projected.

The federal government needs to cut trillions not billions.