(CNN) – House Republicans won't support raising the federal government's borrowing limit without new spending cuts from the Obama administration, and the White House risks an unprecedented U.S. default by refusing, House Speaker John Boehner said Sunday.
Speaking six days into a partial government shutdown and 11 days before the Treasury Department expects to hit its statutory debt ceiling, Boehner told ABC's "This Week" that he wants "a serious conversation" about spending, but no tax increases.
Political theater. No downside for the Republicans ... their re-election is assured through financing by the Koch brothers and the endorsement by that foreigner through his Fox News.
It's been a long road getting here from the destruction of Unions in the 80's, through the denigration of the Office of The President in the 90's, the abysmal financial policies of the Bush years bringing the world to economic collapse. Of course it must be recognized that there were a couple of productive years in the House in 2009-2010 that reversed the course charted by the Republicans, but the Lemmings resurged in the elections of 2010 and have since re-established the mad dash to the cliffs from which the world economy will be thrown.
All I can say to the younger generation is don't waste your youth seeking a degree for a job or profession that won't be there. Better to spend it learning to adjusting to your county becoming a 'third-world' relic.
Republicans HAVE to hold out no matter what! The more we see of Obamacare the worse it is! Please do not give up your fight
Yeah, great idea! Try to get the markets back to where they were the last time the idiots where in charge.....remember that? Bush's last three months, the stock market was down to 6700. Now it's well over 15K....but you of course want it to tank.....That affects my 401K which has recovered from the last melt down, but of course geniuses like you think its a good idea to "keep fighting"....Please turn off Faux and fools and think about what's best for this is country, and frankly Boenher and is merry band of idiots aint it.