GOP rewriting debt bill

7/26/2011
ASSOCIATED PRESS

WASHINGTON — A spokesman for House Speaker John Boehner says House Republican leaders are working to rewrite their deficit-reduction plan after receiving an estimate that it won't cut spending as much as advertised.

Spokesman Michael Steel says House Republicans promised to cut spending by more than they will raise the debt ceiling, and they plan to keep their promise. Steel tweaked the White House for not submitting a plan that could be independently assessed.

Boehner had promised a package that would cut $1.2 trillion in spending over the next decade. The nonpartisan Congressional Budget Office said Tuesday the package would cut less than $1 trillion.