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Boehner's Debt Limit Plan Slashes The Deficit By...$1 Billion Next Year


Exempting war spending -- which goes untouched in Boehner's plan -- the legislation would reduce spending by only $5 billion next fiscal year. And its impact on the deficit is even less -- a paltry $1 billion.

This is a big part of the reason House Republican leaders are having such a hard time securing enough votes for this thing.

About The Author


Brian Beutler is TPM's senior congressional reporter. Since 2009, he's led coverage of health care reform, Wall Street reform, taxes, the GOP budget, the government shutdown fight and the debt limit fight. He can be reached at