House Speaker John Boehner (R-OH) said that Congress will not give up control over the nation’s debt limit and that each time the limit is raised, Congress will demand cuts and reforms, during an interview on “Fox News Sunday.”
Congress is never going to give up this power. I’ve made it clear to the president that every time we get to the debt limit, we need cuts and reforms that are greater than the increase in the debt limit. It’s the only way to leverage the political process to produce more change than what it would if left alone.
