CATO: Boehner’s New Plan Doesn’t Actually Cut Spending. “The ‘cuts’ in the Boehner plan are only cuts from the CBO baseline, which is an assumed path of constantly rising spending. . . . The way to make real spending cuts is to abolish programs and agencies. But it’s been eight months since a landslide election that focused on the issue of spending cuts, and the Republican leadership hasn’t proposed any major terminations.”