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Official Countdown to Zero Hour on US Budget Passage. Discuss Please :)
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Éireann |
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Boehner, after earlier expressing openness to a deal with Obama, has taken a harder public line in recent days, emphasizing “serious differences” that exist between the two sides. He also has refused to budge on the White House’s demand that Congress surrender its authority over the government’s borrowing limit as part of any deal. “Congress will never give up our ability to control the purse,” he said yesterday. “The fact is that the debt limit ought to be used to bring fiscal sanity to Washington.” At a minimum, the White House wants a multi-year extension of the debt limit to prevent another standoff early in 2013 and risk a government default. [ link to www.bloomberg.com]
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