National

Boehner makes initial bid on raising debt ceiling


House Speaker John Boehner (R) says that in return for raising the debt ceiling, Democrats should agree to spending cuts larger than the increase in new debt authority, according to excerpts from a speech to be delivered to top Wall Street officials late Monday. The demand is a departure from the process-oriented reforms other Republicans have discussed, such as a balanced budget amendment to the Constitution.  DailyCaller.com

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