Boehner on the Shutdown Standoff
The speaker lays it out.
House Speaker John Boehner: “The long and short of it is, there is going to be a negotiation here. We can’t raise the debt ceiling without doing something about what’s driving us to borrow more money and to live beyond our means. The idea that we should continue to spend money that we don’t have and give the bill to our kids and our grandkids would be wrong. … I didn’t come here to shut down the government. I certainly didn’t come here to default on our debt. But when it comes to the debt limit, again, over the last 40 years, 27 times, the debt limit has been used to carry significant policy changes that would in fact reduce spending and put us on a saner fiscal path.”