Revised Boehner Bill Cuts $917 Billion, Raises Debt Ceiling by $900 Billion

This evening, the Congressional Budget Office released its score of John Boehner’s revised “Budget Control Act.”

The new report shows that the bill would cut discretionary spending by $917 billion over 10 years while raising the debt ceiling by $900 billion. The bill would reduce the deficit by $22 billion in 2012. The discretionary spending cuts for 2012 aren’t that far off* from the cuts in the House-passed 2012 budget, which all but four Republicans voted for last spring. (The 2012 cuts were incorporated into the “cut, cap, balance” plan.)