Debt Talks

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Wednesday, July 27, 2011 - 8:30am

House Speaker John Boehner postpones vote after it is determined his plan won't save as much as he thought.

House Speaker John Boehner is digging for more money.

The Congressional Budget Office says his plan is 150 billion short on savings.

So he has put off today's vote to get the numbers in line.

“It can pass the House, and it can pass the Senate. I hope the President will consider signing it into law," said Boehner.

White House Press Secretary Jay Carney said, "The Speaker's proposal cannot pass the Senate, will not pass the Senate, will not reach the President's desk."

Boehner can only afford to lose 22 Republican votes. Ten have already said they are voting against it.

Utah Representative Jason Chaffetz said, "I want a solution not a deal and I don't think this goes far enough."

Georgia Representative Jack Kingston said, "Does this keep us in the battle or does this end the battle?"

Senator Harry Reid is also postponing a vote on his plan, which saves more, without touching Medicare and Social Security.

Texas Senator Kay Bailey Hutchison said, "You've got to cut real programs if you're going to get this deficit down."

New Hampshire Senator Jeanne Shaheen said, "This is a plan that gets us where we need to go by August the 2nd."

What are Americans thinking?

"Totally frustrated," said one, while another said, "I feel that they all need to get their acts together and settle this thing."

For now, it's unsettled, with just six days to go.
 

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