BREAKING NEWS

US: Boehner reworks budget plan after cuts fall short

By REUTERS

JULY 27, 2011 02:03

WASHINGTON - US 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 on 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.

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