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Boehner: Pass budget before increasing debt limit - MarketWatch
Boehner: Pass budget before increasing debt limit - MarketWatch
Congress should pass a budget that cuts spending before agreeing to any
"long-term debt-limit increase," House Speaker John Boehner will say on
Friday at a House Republican retreat. In prepared remarks, Boehner
didn't mention a short-term increase, an idea floated Thursday by Rep.
Paul Ryan of Wisconsin. Boehner said that a long-term increase in the
debt ceiling that's not preceded by spending cuts
risks a downgrade of the U.S. credit rating
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