Tuesday 10 May 2011

BOEHNER TO DEMAND NOT BILLIONS BUT TRILLIONS IN CUTS

Speaker John Boehner will call on Congress to offset a debt ceiling hike with spending cuts of a greater amount, an ambitious proposal that puts House Republicans on a collision course with Democrats who want much more modest spending restrictions attached to the vote.

Without significant spending cuts and reforms to reduce our debt, there will be no debt limit increase,� Boehner plans to tell the Economic Club of New York here this evening,

Source:
http://www.politico.com/news/stories/0511/54604.html

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