Posted: Jul 26, 2011 6:45 PM by Kirsten Bennett
Updated: Jul 26, 2011 7:06 PM
WASHINGTON (AP) - House GOP leaders are postponing a vote on a plan to trade more than $1 trillion in spending cuts for an increase in the government's borrowing cap that would be nearly as large.
Rep. David Dreier of California says the postponement is because congressional scorekeepers said the bill won't produce the budget savings promised by House Speaker John Boehner when unveiling it Monday.
Republicans are also struggling to shore up support for the measure among conservatives unhappy over its promised budget cuts.
GOP leaders had promised a vote on Wednesday. Dreier says the measure could come to a vote on Thursday after it's modified.