Boehner Previews Next Debt Limit Fight

House Speaker John Boehner (R-Ohio) announced Tuesday that he will only support raising the debt ceiling next year after lawmakers identify adequate spending cuts, mirroring the position he took during the same debate last summer.

“When the time comes I will again insist on my simple principle of cuts and reforms greater than the debt limit increase,” Boehner said during a fiscal summit in Capitol Hill. “This is the only avenue I see right now to force the elected leadership of this country to solve our structural fiscal imbalance.”

Boehner noted that he was open to stop-gap measures if lawmakers could not come to an acceptable agreement, a sign that next year’s negotiations may go smoother than last year’s zero hour struggle.

The Speaker noted that like last summer, he would not accept tax increases as part of the deal. In fact, Boehner said, the House will press to extend the costly Bush era tax cuts prior to this year’s election. Boehner argued that allowing the cuts to expire will have a crippling effect on the economy.

Last year’s debt ceiling negotiations ended after both chambers agreed to form a 12 person “supercommittee” tasked with finding $1.2 trillion in cuts over the next decade or face automatic cuts among military and domestic spending in 2013. The supercommittee ultimately failed, leaving both parties at odds over how to thwart the automatic cuts.

About TRNS Washington Desk

View all posts by TRNS Washington Desk
News updates from on and around Capitol Hill.

No comments yet.

Leave a Reply

You must be logged in to post a comment.

The World in 2:00 – August 31, 2015

The World in 2:00

The Ukrainian parliament votes to devolve more powers to the occupied East, and Egypt discovers the largest gas reserve in the Mediterranean.






State To Release 7,000 More Pages Of Clinton Emails, 150 Messages Marked Classified

Hillary Clinton holds her first town hall meeting event of the 2016 campaign in Dover, New Hampshire. July 16, 2015. Photo: Luke Vargas/TRNS

A State spokesman said that the 150 emails were not classified messages at the time Clinton sent or received them.






U.S. Deploys Reconnaissance Drones And Airmen To Latvia

The deployment will “assure our Latvian allies, NATO allies and European partners of our commitment to regional security and safety,” a Pentagon spokesperson said.






Justice: Disgruntled IT Officer Pleads Guilty To Sending Damaging Code

Nikhil Nilesh Shah will be sentenced in December.






Poll: GOP Would Shoulder Blame If Government Shuts Down

Senate Republicans (Photo by James Cullum)

44 percent said they would blame the GOP if Congress allows the government to shut down later this year.






NASA Announces Environmental Monitoring Of Alaska, NW Canada

The area in question is about 2.5 million square miles.