Breaking: Boehner Blinks on Budget
Republican Speaker of the House John Boehner just blinked: Statement by Speaker Boehner on Debt Limit Discussions.
“Despite good-faith efforts to find common ground, the White House will not pursue a bigger debt reduction agreement without tax hikes. I believe the best approach may be to focus on producing a smaller measure, based on the cuts identified in the Biden-led negotiations, that still meets our call for spending reforms and cuts greater than the amount of any debt limit increase.”