Boehner says ‘trillions’ in cuts loom on debt vote
Will they have the backbone to make it happen? Don’t count on it. – “We should be talking about cuts of trillions, not just billions,” Boehner said.
By ANDREW TAYLOR Associated Press via Breitbart
EXCERPTS:
House Speaker John Boehner also says that any legislation to raise the so-called debt limit beyond its current $14.3 trillion cap should be accompanied by spending cuts larger than the amount of the permitted increase in the debt.
“It’s true that allowing America to default would be irresponsible,” Boehner says. “But it would be more irresponsible to raise the debt ceiling without simultaneously taking dramatic steps to reduce spending and reform the budget process.”
The debt measure’s path through Congress promises to be extraordinarily difficult since the arrival of 87 House GOP freshmen—many elected with tea party backing last year—for whom the debt vote is politically difficult.
Boehner’s remarks are notable since it’s virtually impossible to produce spending cuts of that size without addressing major benefit programs like Medicare.
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