Senate Democrats debt plan saves $2.2 trillion: CBO | Reuters

The CBO estimate has prompted Boehner to rework his legislation to identify more savings. Tuesday, the CBO said the Republican plan proposed by House of Representatives Speaker John Boehner would cut spending by $850 billion over 10 years, rather than the $1.2 trillion as the bill promised. The non-partisan budget scorekeeper for Congress also confirmed that about half of the Democrats' proposed savings would come from reduced costs as the United States withdraws from the wars in Iraq and Afghanistan.

Senate Democrats debt plan saves $2.2 trillion: CBO | Reuters