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Monday, January 31, 2011

postheadericon Boehner: No limit to federal spending Republicans are willing to cut

Speaker of the House John Boehner reiterated Monday that there's no specific amount of federal spending Republicans in Congress are unwilling to cut.

"As I said on @FoxNewsSunday Americans want to cut spending & there is no limit to the amount of spending our #newmajority is willing to cut," Boehner tweeted.

Boehner's comment comes the day after he appeared on Fox News Sunday saying that allowing the country to default would be a "financial disaster."

"That would be a financial disaster, not only for us, but for the worldwide economy," Boehner said. "I don't think it's a question that's even on the table."

Boehner stressed that before Congress votes on raising the debt ceiling the Obama administration needs to announce major spending cuts. Boehner's comments echo the position Republicans have taken toward the debt ceiling: Some say they will refuse to increase it until the Obama administration agrees to making more substantial cuts.

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