[InterceptPoint]

Boehner spokesman Michael Steel said House Republicans are reworking the bill to make sure spending cuts exceed any increase in the debt limit.
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This is really the wrong goal since It can only be satisfied by cutting spending in the out years.

The goal should be: cut spending 20% to 30% in 2012 and 2013 and fix all discretionary spending budgets at their 2011 levels. And forget the phantom savings from the out years. That is just a gimmick.

[sheana]

None of them really want to cut spending. I keep waiting for everyone to realize that.