House Republicans delayed by at least a day a floor vote on their package to raise the debt ceiling, the latest challenge facing Speaker John Boehner and GOP leaders as they try to avoid a default on the nation?s debt.
The decision to move the vote to Thursday or beyond came after the Congressional Budget Office reported late Tuesday night that the package Boehner crafted would only reduce deficits by $850 billion, $150 billion short of the speaker?s goal of $ 1 trillion in budget and spending cuts.
Continue ReadingHouse Republican leadership aides were looking for ways to revise the bill to address the shortfall. This could include either lowering the borrowing authority Congress approves, or recommending additional spending cuts. GOP aides said the first option is more likely. The United States is projected to default on its debt Aug. 2, according to the Treasury Department.
Tuesday?s evening drama was the latest challenge facing Boehner (R-Ohio), House Majority Leader Eric Cantor (R-Va.) and Majority Whip Kevin McCarthy (R-Calif.) as they push toward what?s considered the year?s biggest vote.
Some House Republicans are already skittish about leadership claims on budget savings following a spring battle over the 2011 budget. CBO found those savings were smaller than claimed by leadership.
Even leading up to Tuesday night?s decision to delay the vote by a day, Boehner and other GOP leaders engaged in a furious last-minute lobbying effort inside and outside the Capitol to pass their debt ceiling package. But the outcome of that vote and its timing remains far from certain, according to Republican lawmakers and aides.
With little or no Democratic support for the GOP plan, Boehner and his top lieutenants had to battle their own party on two fronts.
First, Boehner was hauling members who are undecided or leaning ?no? into his Capitol suite for one-on-one meetings, using the time-honored tradition of his office to twist arms and win votes. Boehner had ?made progress,? but the CBO scores threw all that progress into doubt.
And outside the Capitol, the top Republican leaders engaged in a PR campaign to win over conservative interest groups and opinion-makers.
The Republican leadership has privately reached out to conservative TV personalities like Sean Hannity and Brit Hume, and Wall Street Journal editorial page editor Paul Gigot, National Review?s Kate O?Beirne, Stephen Hayes of The Weekly Standard, David Brooks of The New York Times, George Will, Laura Ingraham, Mark Levin, and groups such as The Heritage Foundation, among others, have all heard from Republican leadership, including Chief Deputy Whip Peter Roskam of Illinois. And even former House Majority Leader Dick Armey (R-Texas), the chairman of FreedomWorks and a tea party favorite, got a call from GOP leaders.
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