http://firstread.msnbc.msn.com/_news/2011/07/27/7178356-first-thoughts-boehners-boxed-inBoehner now finds himself boxed in… And because he’s fixing his legislation after the CBO score, he has a harder argument to make that Reid and the Dems are on board with his plan… Desperately searching for an acceptable trigger… Due to all of this chaos and confusion, the odds of a short-term extension (like 10 days) are more likely… The WSJ: Debt-ceiling debate is creating business uncertainty… Is Mitt Romney counting his chickens before they hatch?... On the trail: Pawlenty and Santorum are in Iowa, Romney’s in Ohio, and Gingrich is in Georgia.
By NBC’s Chuck Todd, Mark Murray, Domenico Montanaro, and Brooke Brower
*** Boehner’s boxed in: Speaker John Boehner had to walk away from the negotiations with President Obama, in large part because too many members of his House GOP conference wouldn’t accept the deal (even before the controversy over that extra $400 billion in revenue). Now, a growing number of House conservatives -- along with the Club for Growth and the Heritage Foundation’s political arm -- oppose Boehner’s go-it-alone debt plan. To make matters worse for the speaker, the Congressional Budget Office determined that his legislation cut less spending than promised, and a vote is now postponed until tomorrow as he goes back to the drawing board. What’s more, Standard & Poor’s said on CNBC it’s “concerned” about Boehner’s plan requiring the debt limit to be raised once again in early 2012. Bottom line -- Boehner is boxed in.
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