Boehner: Still no debt deal
July 8th, 2011
09:57 AM ET
3 years ago

Boehner: Still no debt deal

(CNN) - House Speaker John Boehner, R-Ohio, said Friday that there is no agreement on a deal to raise the debt ceiling "in private or in public."

"It's not like there's some imminent deal about to happen," Boehner said. "There are serious disagreements" about how to deal with the problem. "This is a Rubik's Cube that we haven't quite worked out yet."

House Majority Leader Eric Cantor, R-Virginia, cited the new jobs report as a key reason why House Republicans won't back a tax increase as part of deal to raise the debt ceiling.

The new jobs report is evidence that "it does not make sense for Americans to suffer under higher taxes in an economy like this," Cantor said.

On Friday Boehner said "a debt limit increase that raises taxes or fails to make serious spending cuts won't pass the House."


Filed under: Congress • Debt • Deficit • John Boehner
soundoff (9 Responses)
  1. Sniffit

    "This is a Rubik's Cube that we haven't quite worked out yet."

    Yawn. The GOP is fooling nobody. Their plan is one of two things. Either:

    1. Milk the uncertainty and destabilization that the debt ceiling issue causes for as long as possible in hopes they can destroy Medicare and SS in exchange for their votes AT THE VERY LAST SECOND and then claim they are heroes, OR

    2. Never vote to raise the debt ceiling, thereby forcing Obama to invoke the 14th Amendment and order Geithner to keep paying our debts anyway. This has several "benefits" to the GOP's way of "thinking." First, it lets them yell and scream about Obama behaving like a tax-and-spend socialist dictator and point at the constitutional crisis their own behavior caused as though it is proof of their claims. Second, Obama would prevent actual defaults, so that would save us from an actual armageddon, but the GOP would still get to reap the "benefit" of the US suffering a downgraded credit rating (which Moody's has promised to do next week anyway if there's no deal), the markets going into complete chaos, the ripple effect throughout the world economy, likely increases in unemployment, further tightening of the availability of credit across the nation, more small business closings, etc. They would then blame all of that on Obama as well and claim it's a result of his and the Dems' refusal to cut spending blah blah blah.

    So you see, this "Rubik's Cube" isn't so hard to twist into position...it's just that the GOP keeps moving the colored stickers around.

    July 8, 2011 11:11 am at 11:11 am |
  2. Lynda/Minnesota

    GOPers still insistent on protecting the millionaires and billionaire lobbyists, are they? How utterly predictable. Wonder how many of them will be re-elected come 2012, especially considering it WILL be a presidential election, and not just a boring old, no one really votes anyway, mid-term election.

    July 8, 2011 11:16 am at 11:16 am |
  3. rob

    What is Nancy Pelosi doing anywhere near a debt reduction meeting? She is the architect of the fastest rise in federal spending and debt in the history of the world. She is will be known in history as the the first woman speaker of the house but also the worst speaker of the house. Her statement "we will have to pass the bill so you can find out whats in it" will go down as an example of the arrogance of the left in this country and one of the reasons the dems in congress lost the house by historic numbers in the 2010 elections.

    July 8, 2011 11:17 am at 11:17 am |
  4. Sniffit

    GOP response to everyone asking them "where is the jobs plan you promised?"

    WORKING AS INTENDED.

    July 8, 2011 11:17 am at 11:17 am |
  5. LouAz

    None in the Unemployment Line are making $1M or more. TAX the rich instead of letting them continue to buy photos of Billie the Kid, new jets and exotic cars,and another house in Boca Raton. Get some balance. They rich are not hiring anyone except another house keeper.

    July 8, 2011 11:22 am at 11:22 am |
  6. sonny chapman

    Jobs were plentiful when Clinton was Prez & taxes on the Rich were "high". Jobs disappeared when Bush was Prez & taxes on the Rich were low. So, why are taxes on the Rich "JOB KILLERS " Mr. Boehner ?

    July 8, 2011 11:22 am at 11:22 am |
  7. Patrick from Minnesota

    I cannot wait to see his smug little face on November 6, 2012 when the American people give him a pink slip that so many of us have recieved because of the recklessness of his party!!

    July 8, 2011 11:22 am at 11:22 am |
  8. rob

    @Sniffit
    You forgot #3, The repubs force President Obama to do the right thing for the country....come up with a real, comprehensive and verifyable debt reduction package that includes blueprints for reforming the entitlements, reforming our tax codes to spur investment domestically and yes, closing loopholes as part of the reduction of corporate and individual tax rates. If he does all this over the howling of the liberals like Nancy Pelosi, he will accomplish two things: 1 saving our financial future and 2 be assured of getting re-elected.

    July 8, 2011 11:26 am at 11:26 am |
  9. Sniffit

    "What is Nancy Pelosi doing anywhere near a debt reduction meeting? She is the architect of the fastest rise in federal spending and debt in the history of the world."

    Sorry dude, but Dubya increased the debt by 20.7% during 2005-2009 (for a total of 27.8% during his entire tenure). During Obama's first term through 2010, it has only increased by about 9.0%. Unless you want to sound silly by claiming that Obama and the Dems will somehow be at fault for increasing it another 11.7% between now and Nov 2012, despite the GOP controlling the House and being hellbent on doing absolutely nothing but pushing domestic social issue buttons for their base, then I suggest you shoosh.

    July 8, 2011 11:28 am at 11:28 am |