Posted: Jul 27, 2011 10:56 AM
Source: Associated Press
WASHINGTON - House Republicans seem to be rallying behind Speaker John Boehner's plan for lifting the U.S. borrowing cap.
Several Republicans said they were warming to Boehner's plan for linking about $1 trillion in budget cuts as the price for raising the debt limit - even though they would like to cut further.
Michigan Rep. Mike Rogers said "we're moving in his direction in a big way today" as he left a closed-door House meeting.
Boehner is reworking the measure after congressional analysts said it would cut spending by less than he had originally hoped.
Democrats are likely to oppose Boehner's plan since it wouldn't lift the borrowing cap enough to avoid another vote before next year's elections. The Ohio Republican can only afford about two dozen GOP defections on Thursday's vote.