House GOP to rework budget plan after new estimate

(AP) - A spokesman for House Speaker John Boehnersays House Republican leaders are working to rewrite theirdeficit-reduction plan after receiving an estimate that it won'tcut

WASHINGTON - (AP) - A spokesman for House Speaker John Boehnersays House Republican leaders are working to rewrite theirdeficit-reduction plan after receiving an estimate that it won'tcut spending as much as advertised.

Spokesman Michael Steel says House Republicans promised to cutspending by more than they will raise the debt ceiling, and theyplan to keep their promise. Steel tweaked the White House for notsubmitting a plan that could be independently assessed.

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

President Obama appeals for debt-limit compromiseRaise taxes on wealthiest, Obama challenges GOP

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