Deals
Boehner Demands Spending Cuts for Any Debt Limit Increase
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House Speaker John Boehner revived Republicans’ insistence that any increase in the nation’s debt limit be matched by at least as much in spending cuts, positioning his party for a renewed standoff with Democrats over the federal budget.
“Allowing the debt ceiling to go up without addressing our fiscal challenge would be the most irresponsible thing that I could do,” Boehner said in a speech yesterday before a conference in Washington sponsored by the Peter G. Peterson Foundation.