Last Friday after Speaker John Boehner issued a statement announcing a three month temporary debt limit hike, the conservative Republican Study Committee issued a statement supporting the move. The RSC no more controls House conservative votes than the House Leadership does, but the RSC statement was a positive sign for Boehner’s new plan.
Tacked on to the end of the RSC statement was this paragraph: “As part of agreement, the House will work to put the country on the path to a balanced budget in 10 years. House leadership also agreed to stand by the $974 billion discretionary number that is part of the sequestration process.”
Talking with conservative groups and House staff today, it appears that this paragraph refers to a deal struck at the tail end of last week’s House Republican retreat. Conservatives will vote for leadership’s #nobudgetnopay debt limit bill (which is now a suspension of the debt limit, not a debt limit hike), and in return leadership has promised to both allow the sequester to happen and pass a budget that will balance in ten years.
Separately, it does appear that 10-year balance will be House Budget Committee Chairman Paul Ryan’s goal. “Chairman Ryan looks forward to working with his colleagues to draft a responsible budget by the April 15 deadline. He hopes today’s agreement helps spur action by his Senate counterparts to do the same. With the right reforms put in place, Chairman Ryan’s goal is to advance a budget that balances within a decade,” Ryan spokesman William Allison told The Washington Examiner.
Earlier today, the Club for Growth, which helped defeat Speaker John Boehner’s fiscal cliff Plan B legislation last December, announced they would not oppose #nobudgetnopay. Heritage Action for America, the lobbying arm of The Heritage Foundation, has not made up their mind yet.