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Boehner is also putting the chances of his likely successor, House Ways and Means Committee chairman Rep. Paul Ryan (R-WI)58%, at risk. Ryan has indicated he thinks the “process stinks” on this, but is planning to review the deal in its entirety before making a decision one way or the other.
House and Senate leaders were briefing the rank and file about the particulars of the agreement Monday night. Republicans familiar with the agreement are calling it a big win for the party. They say the tweaks to Social Security disability insurance would yield $168 billion in long-term savings, which supporters of the proposal say would represent the most significant revision to the program in decades.The accord would lock in budget levels for the next two fiscal years. Spending would be increased by $50 billion next year, and $30 billion the year after — split equally between defense and nondefense spending. Another $30 billion-plus would go to the Pentagon in “contingency funding.” Congress would make several alterations to Medicare and Social Security to help pay for the package.