The Hill must have incorrect sources. Fox News just read the CBO’s statement and it said 1.1 or 1.2 trillion. Memory is failing me.
Read the tweets I posted. It depends on the baseline used.
The Hill is a liberal rag that wants to split the GOP. If you read the entire article it says
“The CBO has also determined that taking that earlier deal into account, the spending levels in the Boehner plan is a $1.1 trillion cut in the deficit. “
Boehner said on Sean Hannity that this would just cover the first $1 Trillion in debt hike this year. They would have to do this again next year.
I am sick and tired of the so called conservatives on FR who quote crap like AP, Politico and The Hill to bash GOPers.
Well, the Hill report kind of says the same in the middle of everything:
The score is against the latest CBO baseline as adjusted to reflect the 2011 spending cuts deal between Congress and the White House that cut $38 billion in budget authority. Those 2011 cuts have ripple effects over the budget window. The CBO has also determined that taking that earlier deal into account, the spending levels in the Boehner plan is a $1.1 trillion cut in the deficit.