I know Tim already talked about this, but I guess I am just not understanding the details of what is going on here:
Republican leaders in the U.S. House of Representatives are ready to break a hard-fought budget deal with Democrats as they try to quell a revolt by conservatives who are insisting on deeper spending cuts ahead of the November elections.
House Republican aides said on Tuesday that House Speaker John Boehner and Majority Leader Eric Cantor were pressing for a modest $19 billion reduction of discretionary spending caps in this year’s Republican budget plan.
How exactly do they renege on the deal? I thought the agreement was a law, passed by both houses, signed by the President, and a done deal. How do they go back on the law without another law passing both houses and going to the President. What am I not getting here?