Boehner: ‘Dollar For Dollar’ Cuts For Raising Debt Limit

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March 21, 2013 7:48 a.m.

House Speaker John Boehner (R-OH) said Thursday that Republicans will require a dollar in spending cuts for every dollar that they agree to raise the debt ceiling, which the United States is expected to hit in August.

“Dollar for dollar is the plan,” Boehner said at a press conference. 

As TPM reported Thursday, conservative House Republicans are pushing their leadership to use the debt ceiling as leverage to demand major reforms or cuts, including dollar for dollar cuts. 

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