Boehner Seeks Spending 'Cuts and Reforms' Greater Than Debt Limit Increase
Speaker John A. Boehner of Ohio, pushing back against White House demands for no-frills legislation on the federal borrowing cap, is calling for another round of spending cuts beyond the sequester as part of any agreement to raise the debt limit.
“I believe that if we’re going to increase the debt limit, there ought to be cuts and reforms in place that are greater than the increase in the debt limit,” Boehner said in an interview Tuesday on ABC’s “Good Morning America.”
GOP aides said the speaker was affirming the “Boehner rule,” a framework he set in the last Congress that required spending cuts to match any debt limit increase. But Boehner also focused on a long-term approach to spending reductions, suggesting Republicans also will seek an overhaul of entitlement programs as part of any fiscal talks.
“A lot of these things would be phased in over a long period of time, that when you look down the road over the next 10, 20, 30 years, will have a dramatic effect on our budget deficit and our debt,” Boehner said.
http://www.rollcall.com/news/boehner_seeks_spending_cuts_and_reforms_greater_than_debt_limit_increase-225537-1.html?pos=hln
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