House Republicans Scramble to Rewrite Debt Bill in Bid to Draw More Support

[WestVirginiaRebel]

Fox News:

With just a week to go until the Treasury says the federal government will run out of money to pay all of its bills, House Republicans are scrambling to rewrite a deficit-reduction bill pushed by Speaker John Boehner that failed to garner any significant support in either political party.

The rewrite came one day before the House was set to vote on the legislation, which sought to cut $1.2 trillion in spending over the next decade. But the nonpartisan Congressional Budget Office said Tuesday that the package would cut less than $1 trillion.

"We're here to change Washington -- no more smoke-and-mirrors, no more 'phantom cuts.' We promised that we will cut spending more than we increase the debt limit -- with no tax hikes -- and we will keep that promise," Boehner spokesman Michael Steel said.

"As we speak, congressional staff are looking at options to re-write the legislation to meet our pledge," Steel said. "This is what can happen when you have an actual plan and submit it for independent review -- which the Democrats who run Washington have refused to do."

House conservatives refused to throw their support behind Boehner's bill, and a source told Fox News that there were no House Democrats who would vote for it. House Republican leaders were very worried about putting the bill on the floor Wednesday and seeing it fail or being forced to yank it while the stock markets were open, possibly triggering a repeat of the steep market drop after the first Wall Street bailout vote failed in 2008, the source said.

Republicans say they are rewriting the bill to develop more savings than what the CBO projected, and it won't be considered on the House floor until Thursday at the earliest. But the source said they are rewriting it because they lack the votes to pass it.
________

Boehner gets reminded that you dance with those what brung ya?