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More Bad News For Speaker Boehner

July 26, 2011

From Politico.

Speaker John Boehner’s deficit reduction plan has come up $150 billion short of his proposed $1 trillion in savings, according to the official estimates by the Congressional Budget Office, causing even more potential trouble with an already divided conservative caucus as Republicans push a Wednesday vote on the package aimed at raising the debt limit. The CBO estimates the first portion of Boehner’s plan would create $850 billion in savings over the next decade.

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