Boehner: Debt Ceiling Must Rise
Speaker John Boehner (R-Ohio) said he’s “ready to cut a deal today” to raise the debt ceiling.
“I think it is necessary, but I understand the doubts, ” Boehner said on “Face the Nation.” “They’ve pushed the date back, pushed the date back, pushed the date back. But it’s clear to me that at some point we’re going to have to raise the debt ceiling.”
Senate Minority Leader Mitch McConnell (R-Ky.) said he wouldn’t vote to increase the debt limit unless deficit reductions are made. Boehner has made similar demands.
“To get my vote, we need to get something significant in the short-term, medium-term and long-term,” McConnell said on “State of the Union.”
House Budget Committee Chairman Paul Ryan (R-Wis.) reiterated that sentiment and said that for every dollar that the debt ceiling is increased Republicans expect to see a dollar reduction in spending.
But Ryan admitted that Republicans are equally to blame for the deficit.