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.



No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

Tell us what you think!

Talk to us on Facebook at OBX TEA Party Patriots
%d bloggers like this: