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CBO: Boehner’s Math Doesn’t Quite Calculate

He’s a regular one-man Tea Party.

(POLITICO) — On the eve of a House vote, new cost estimates from the Congressional Budget Office could pose a problem for Speaker John Boehner as he tries to rally conservative support for his two-step plan to raise the federal debt ceiling and avert default next week.

The first installment of $900 billion is contingent on enacting 10 year caps on annual appropriations which the leadership had hoped would save well over $1 trillion. But CBO late Tuesday came back with a report showing the legislation would reduce deficits by $850 billion when measured against the agency’s most current projections for spending.

At one level, Boehner is the victim of his own success, since that same baseline is $122 billion lower in direct spending because of concessions the speaker won in the April government shutdown fight. But that won’t help him much with restless conservatives and this could force him now to readjust the bill with tighter caps to meet his goals.

Posted by WM on Tuesday, July 26, 2011, at 7:50 pm | Like Tweet

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20 comments
  1. exceller says:
    July 26, 2011 at 7:54 pm

    this place has become a non stop bash Boehner party. the incessant carping is too much. heading elsewhere.

  2. skydiver says:
    July 26, 2011 at 7:54 pm

    No surprise here!

    My personal experience is lawyers can’t do math! I don’t know if boner is a lawyer or not, but most of DC couldn’t pass first grade mathematics! Term Limits Now!!!

  3. MaryfromMarin says:
    July 26, 2011 at 7:55 pm

    What if this was all deliberate stalling?

  4. Rocketman says:
    July 26, 2011 at 8:01 pm

    @ exceller

    I don’t think its all bashing, just holding his feet to the fire. So far he has done well. I hope he continues to do the good work of the people.

  5. PatriotLady says:
    July 26, 2011 at 8:02 pm

    Not sure of what all this article is talking about (I’m no lover of math), but I do know that $1.2 T in cuts and $1T in debt ceiling increase is no way to fix a budget. Don’t know who he is trying to impress with that deal. I personally like the CCB, but dems would never go for that, I knew. Who wants a balanced budget!? In fact, what Dem wants a budget PERIOD? They’ve lived without one for 2.5 years. Really! Nasty, Nasty Budget!!! Go Away!!!

  6. buzzsawmonkey says:
    July 26, 2011 at 8:04 pm

    Re-pass CC&B, with more cuts. Send it to the Senate.

    If they don’t bring it to a vote, re-pass it again—with more cuts.

    Repeat.

  7. gastorgrab says:
    July 26, 2011 at 8:08 pm

    “when measured against the agency’s most current projections for spending”

    ————

    Is the administration spending more than they are admitting to?

  8. skydiver says:
    July 26, 2011 at 8:23 pm

    @ gastorgrab
    I’m sure they are are spending more than they are admitting, it’s the chicago way!

    I’d also like to know how many billions are in barry’s stash (unspent taxpayer stimulus money), that he plans to use, to attempt to get relected? Can they send him to Levenworth for that?

  9. slobo says:
    July 26, 2011 at 8:33 pm

    Boy is this an obvious “photo shop” job…shame on whoever posted this boozed up photograph! If this was a zip job…then I quit! Respectfully, Mr. Cromer

  10. jharp says:
    July 26, 2011 at 8:47 pm

    Finally after everything. We’re going to have the United States government default over 1 billion dollars in spending ?

    God you people are stupid. Un fucking real how stupid you assholes are.

  11. jharp says:
    July 26, 2011 at 8:52 pm

    Sorry about that. Thought I was commenting to the dumbasses at HotAir.com. who posted these details of Boehner”s plan.

    “In return for a $1 trillion debt-ceiling increase, and after a promise of $1.2 trillion in cuts, we get … $850 billion in actual savings over 10 years and just $1 billion(!) this year, which plays directly into conservative fears of backloaded deficit reduction that future Congresses will end up canceling.”

    Still. At the least I got it posted where a bunch of ignorant redneck right wingers lurk. Maybe one of you dumbasses will learn from it.

  12. Whozat says:
    July 26, 2011 at 9:35 pm

    And his plan only saves 1 billion this year ! ONE !!!!!!

    http://hotair.com/archives/2011/07/26/oof-cbo-says-boehners-bill-would-save-less-than-1t-over-10-years-and-just-1-billion-this-year/

    I’m telling y’all – this MF’r is just as full of shit and smoke as Brobama. Mark my words. Trust him as much as you trust the prior Speaker.

  13. Whozat says:
    July 26, 2011 at 9:37 pm

    jharp – go fuck yourself.

  14. jharp says:
    July 26, 2011 at 10:48 pm

    Whozat – Thanks for asking but I’ll pass.

    Now get on with your selling the teabaggers that it’s in their best interest for the United States of America, the greatest country in the history of the earth, to default on it’s obligations.

    I think it is is you who needs to think about fucking oneself. It’s kinda sorta EXACTLY what you fucking dumbasses are to doing yourself by voting republican.

    God you people are stupid.

  15. bill says:
    July 26, 2011 at 11:10 pm

    Boner is a butt-boy for the ruling class.

  16. jharp says:
    July 26, 2011 at 11:34 pm

    Hey bill,

    What exactly is a butt_boy? And how could it possible relate to the Speaker of the House?

    I am well aware that Boehner is selling you fucking dumbass teabaggers out. But I knew that going in. He does not give a fuck about you dumbasses.

    And somehow it always gets back to some sort of homosexual references with you idiots.

    Why is that?

  17. Just_Saying says:
    July 27, 2011 at 3:38 am

    So, if the US defaults (and nobody will loan the US anything — or else, at a tremendously higher interest), maybe that’s the solution to the increasing debt. Maybe they’ll get the message and stop overspending (if they can’t get the money), eh?
    .

  18. SkySphere says:
    July 27, 2011 at 5:56 am

    @jharp,

    http://weaselzippers.us/2011/07/26/uber-classy-msnbc-guest-call-grover-norquist-gingrichs-butt-buddy/

    We just use your own words, dumbshit. Why is it you homophobic clowns always start it with the slurs?

  19. A Conservative Teacher says:
    July 27, 2011 at 9:38 am

    This budget deal sucks. Here are the year-by-year cuts:
    -1 -16 -57 -73 -85 -96 -109 -123 -138 -153

    I’m sorry- 17 billion in cuts in exchange for another trillion in debt is not a good trade. I consider anything beyond 2 years out to be just fantasy numbers, as our government does not do multi-year budgeting (and in fact, under Democrats doesn’t even do budgeting at all!).

  20. Jen06 says:
    July 27, 2011 at 12:30 pm

    I, too, am getting a little tired of the Boehner bashing. West and Ryan both supported this latest plan (now being rewritten) and they aren’t exactly shirkers. Last night John Kasich praised Boehner for his “conservative stance.” and a Tea Party congressman from AZ this morning said he had been around politicians his entire life and that Boehner was the real deal.

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