Boehner: Spending Cuts Must Exceed Debt Limit Increase

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House Speaker John Boehner will say later today that he won’t permit another debt ceiling hike without a larger amount of spending cuts, CNN reports:

“When the time comes, I will again insist on my simple principle of cuts and reforms greater than the debt limit increase. This is the only avenue I see … to force the elected leadership of this country to solve our structural fiscal imbalance,” Boehner will say Tuesday at a fiscal summit sponsored by the Peter G. Peterson Foundation, according to prepared remarks.

 
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