Here we go again!!! Boehner vows to manufacture another debt ceiling crisis in the next few months. [View all]
John Boehner Sets Up Debt Ceiling Battle With Demand For Major Cuts
WASHINGTON -- House Speaker John Boehner (R-Ohio) laid down a tough requirement for raising the debt ceiling Thursday, all but ensuring a reprise of the tense standoff two years ago that saw America's credit rating downgraded.
Speaking at his regular news conference, Boehner said the only way the House would go along with raising the country's borrowing cap was if President Barack Obama and the Democrats came up with an equal amount in budget cuts.
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Republicans have been eying steep cuts to health care and entitlement programs as a way to slash more. Asked if he saw the borrowing cap as leverage to extract entitlement reform from the president, Boehner said, "There might be some there."
Boehner is the second GOP leader this week to foretell a new debt showdown this summer. Senate Minority Leader Mitch McConnell (R-Ky.) also did so, arguing that the only way to get Obama to the table for "serious" talks was to drag him ""kicking and screaming over the debt limit.
http://www.huffingtonpost.com/2013/03/21/john-boehner-debt-ceiling_n_2924662.html