Boehner Resolute: Spending Cuts Must ‘Exceed’ Debt-Limit Increase

Liberty Alerts, Nicholas Ballasy,

House Speaker John Boehner (R.-Ohio) indicated today that he is not backing down from his position, initially expressed in a speech at the Economic Club of New York on May 9, that federal spending cuts must “exceed” any increase in the federal debt limit.

Boehner was asked for his reaction to Vice President Joe Biden saying that debt limit negotiations between Republicans and the White House are on track to produce $1 trillion in spending cuts.

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