At stake is both the deal itself but also the speaker. If Mr. Boehner has to pass the vote by relying on Democratic votes—and if he loses more than half of GOP lawmakers in the process—he might avert default while imperiling his effectiveness as a leader.

In an early blow, the political arm of the conservative Heritage Foundation came out against the emerging deal because the group didn’t think the plan as outlined cuts enough at the outset. It also was worried the committee established to find further savings would recommend tax increases instead.

The new package would extend the debt-ceiling in two steps and impose mechanisms to ensure roughly $2.5 trillion in cuts are made, even if a special committee established by the legislation can’t come to an agreement.

A big question heading into the House vote this week is whether conservatives believe those mechanisms will be effective enough.

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