"The Reid bill guts defense--I mean guts it--and leaves domestic spending alone," Ryan told reporters today in the Capitol. "Ours doesn't do that."
As Philip Klein reported yesterday, the Reid bill would cut defense by as much as $50 billion more than the Boehner bill just in the next two years. Over 10 years, Reid's cuts would amount to "hundreds of billions" more than Boehner's bill.
So the fight over the final compromise isn't solely an exercise in political theater. The composition of the cuts sets apart the Boehner and Reid approaches. Defense cuts will be a major sticking point as both sides push to resolve the debt limit issue this weekend.