Monday, July 25, 2011

Speaker Boehner: GOP Will Deny President Obama a $2.4 Trillion Blank Check

Speaker Boehner: GOP Will Deny President Obama a $2.4 Trillion Blank Check:

"Today, House Republican leaders will discuss with lawmakers a new framework designed to prevent a national default while ensuring any debt limit increase granted to President Obama includes spending reforms and cuts that exceed the debt limit hike.

This common-sense plan is aimed at stopping President Obama’s indefensible quest for a debt limit increase that would run past the next election without a process in place to ensure spending is being cut as the debt ceiling is being raised. As Speaker Boehner said yesterday on FOX News Sunday: “I know the president’s worried about his next election. But my God, shouldn’t we be worried about the country?”

President Obama desperately wants a large debt limit increase that will take him past the next presidential election.

(Excerpt) Read more at thegatewaypundit.com ..."

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