- Joined
- Jun 17, 2010
- Messages
- 9,800
- Reaction score
- 2,719
- Gender
- Undisclosed
- Political Leaning
- Other
Boehner abandons goal of $4 trillion debt-reduction package - The Boston Globe
Maybe? We're going to get somewhere?
WASHINGTON - House Speaker John Boehner, Republican of Ohio, abandoned efforts last night to reach a comprehensive debt-reduction deal worth more than $4 trillion in savings, telling President Obama that a midsize package was the only politically possible alternative to avoid a first-ever default on the nation’s mounting national debt.
.................../snip
“Despite good-faith efforts to find common ground, the White House will not pursue a bigger debt reduction agreement without tax hikes. I believe the best approach may be to focus on producing a smaller measure, based on the cuts identified in the Biden-led negotiations, that still meets our call for spending reforms and cuts greater than the amount of any debt limit increase,’’ Boehner said.
Maybe? We're going to get somewhere?