Boehner: U.S. Is On A Path To Default

Speaker John Boehner (R-OH) insisted Sunday on ABC’s “This Week” that he won’t bring up a “clean” debt limit increase under any circumstances, warning that the U.S. will default on its debt unless President Barack Obama agrees to make policy concessions.

“We’re not going to pass a clean debt limit increase,” he said. “I told the president, there’s no way we’re going to pass one. The votes are not in the House to pass a clean debt limit. And the president is risking default by not having a conversation with us.”

Obama has repeatedly vowed not to negotiate on whether the country is able to keep paying its bills. Boehner’s speakership is at risk if he defies conservatives and allows the borrowing limit to be raised cleanly. The deadline is Oct. 17 and Boehner said the U.S. is currently on a path to default.

“That’s the path we’re on,” he said. “The president canceled his trip to Asia. I assumed — well, maybe he wants to have a conversation. I decided to stay here in Washington this weekend. He knows what my phone number is.  All he has to do is call.”

According to leaks by House Republicans last week, Boehner has told colleagues privately he won’t permit default and will raise the debt ceiling with Democratic votes if need be.

Pressed again and again by host George Stephanopoulos about whether he’d prefer default to bringing up a clean debt limit bill, Boehner didn’t flinch.

“I don’t want the United States to default on its debt,” he said. “But I’m not going to raise the debt limit without a serious conversation about dealing with problems that are driving the debt up.  It would be irresponsible of me to do this.”

Dear Reader,

When we asked recently what makes TPM different from other outlets, readers cited factors like honesty, curiosity, transparency, and our vibrant community. They also pointed to our ability to report on important stories and trends long before they are picked up by mainstream outlets; our ability to contextualize information within the arc of history; and our focus on the real-world consequences of the news.

Our unique approach to reporting and presenting the news, however, wouldn’t be possible without our readers’ support. That’s not just marketing speak, it’s true: our work would literally not be possible without readers deciding to become members. Not only does member support account for more than 80% of TPM’s revenue, our members have helped us build an engaged and informed community. Many of our best stories were born from reader tips and valuable member feedback.

We do what other news outlets can’t or won’t do because our members’ support gives us real independence.

If you enjoy reading TPM and value what we do, become a member today.

Sincerely,
TPM Staff
Latest Livewire
Comments
Masthead Masthead
Founder & Editor-in-Chief:
Executive Editor:
Managing Editor:
Associate Editor:
Investigations Desk:
Reporters:
Newswriters:
Director of Audience:
Editor at Large:
General Counsel:
Publisher:
Head of Product:
Director of Technology:
Associate Publisher:
Front End Developer:
Senior Designer: