Top Talker: Boehner’s plan goes back to the drawing board…

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House Speaker John Boehner of Ohio, at podium, accompanied by members of the House Republican leadership, speaks during a news conference at The Republican National Committee on Capitol Hill in Washington, Tuesday, July 26, 2011. From left are, House Majority Whip Kevin McCarthy of Calif, Rep. Cathy McMorris Rodgers, R-Wash., Boehner, and House Majority Leader Eric Cantor of Va
House Speaker John Boehner of Ohio, at podium, accompanied by members of the House Republican leadership, speaks during a news conference at The Republican National Committee on Capitol Hill in Washington, Tuesday, July 26, 2011. From left are, House Majority Whip Kevin McCarthy of Calif, Rep. Cathy McMorris Rodgers, R-Wash., Boehner, and House Majority Leader Eric Cantor of Va
AP

With less than a week to go before the August  2nd deadline, House Speaker John Boehner is now re-doing his plan to raise the debt limit. The congressional budget office says the Speaker’s plan would fall short of the $1.2 trillion in spending cuts it proposes  and the specific cuts would be $300 billion less than thought. It comes, as the front page of today’s Wall Street Journal reads, “Boehner plan faces rebellion”. The journal, and others, report that the  Speaker is facing backlash from  Conservatives in his party about the amount of spending cuts in his bill.

A source tells NBC news that majority leader Eric Cantor tried to rally party members yesterday,  telling members of the house republican conference to “quit grumbling and whining” and call the President’s bluff by passing the Speaker’s plan. The White House is also responding to the house plan, saying the President’s senior advisors would recommend that President Obama veto Boehner’s bill. But Senate majority leader Harry Reid says the proposal won’t even make it to the President.  He said, “Boehner’s plan is not a compromise. It was written for the Tea Party, not the American people. Democrats will not vote for it.” Speaking on the  Senate floor yesterday,  Minority leader Mitch McConnell was supportive of Boehner’s plan, but later in the day, was more candid about the proposal. He said, “I am prepared to accept something less than perfect because perfect is not achievable.”

This morning on “Morning Joe”, Joe Scarborough weighed in on the debate in Washington saying “You’ve got a Democratic President, you’ve got a Democratic Senate, and you have a divided house caucus, so the question is how do we get over the finish line in the next week? We’ve got 9.2% unemployment, our economy is getting ravaged, this is not what a patient on life support needs.”

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Top Talker: Boehner's plan goes back to the drawing board...

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