Surprise, Surprise: Another Debt Ceiling Standoff Looms
Boehner talks tough ahead of president's speeches
By John Johnson, Newser Staff
Posted Jul 23, 2013 1:53 PM CDT
President Obama and House Speaker John Boehner in 2012.   (AP Photo/Carolyn Kaster, File)

(Newser) – See if this sounds familiar: The White House and House Republicans appear headed toward a standoff over the debt ceiling this fall, reports NBC News. That's after John Boehner's statement this morning: “We're not going to raise the debt ceiling without real cuts in spending. It's as simple as that.” Democrats such as Harry Reid and Chuck Schumer said last week that Congress should pass an extension of the debt ceiling without strings attached, reports Bloomberg.

Both sides appear to be jockeying for public opinion, with Boehner getting out ahead of President Obama's planned speeches on the economy starting tomorrow, reports the Hill. Boehner warned that Obama would be laying the ground for tax hikes. Treasury chief Jack Lew says the nation has enough money to operate without new borrowing until about Labor Day.

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KDickley
Jul 24, 2013 11:21 PM CDT
The dummocrap tax and spend policy has got us where we are now. Leave the debt ceiling where it is, stop wasteful spending, abolish the IRS and make a flat tax, let businesses alone, stop micro managing us, and get out of our lives.
NorCalHal
Jul 24, 2013 3:41 PM CDT
So the Republicans want a new debt ceiling TIED to real and identified spending CUTS and the Democrats want the new debt ceiling approved without restrictions - meaning no change in the deficit spending...Sounds familiar.. WHICH do you favor?
kawahchan
Jul 24, 2013 11:16 AM CDT
(R) 2016 Gov. RICK PERRY Report: Another national Debt Ceiling ? Look like it, sound like it, Obama and those street beggars who had been elected and re-elected Barack Obama are really a bunch of street mice !