House GOP unveils six-week debt hike that continues shutdown

By Russell Berman and Erik Wasson – 10/10/13 12:14 PM ET

 

House Republican leaders will offer President Obama a six-week extension of the nation’s debt limit that would not end the government shutdown now in its 10th day.

In exchange, Republicans want a commitment from the White House to negotiate a longer-term budget plan that would reopen the government.

“It is our hope that the president will look at this as an opportunity and a good-faith effort on our part to move halfway, halfway to what he’s demanded in order to have these conversations begin,” Boehner told reporters after the meeting.

Boehner said the ending of the shutdown would depend on how the president responded. Continue reading “House GOP unveils six-week debt hike that continues shutdown”

Obama, Boehner trade barbs, hints of compromise

Obama, Boehner trade barbs, hints of compromise

By DAVID ESPO | Associated Press – 2 hrs 37 mins ago

House Speaker John Boehner of Ohio speaks about the ongoing budget battle, Tuesday, Oct. 8, 2013, outside his office on Capitol Hill in Washington, Tuesday, Oct. 8, 2013. President Barack Obama stepped up pressure Tuesday on Borehner to hold votes to reopen the federal government and prevent a potentially disastrous U.S. government default. Obama spoke to reporters at the White House a few hours after calling Boehner and urging him to drop demands that the votes be tied to Republican demands for dismantling Obama's health care law and cutting federal spending. (AP Photo/ Evan Vucci)Associated Press/ Evan Vucci – House Speaker John Boehner of Ohio speaks about the ongoing budget battle, Tuesday, Oct. 8, 2013, outside his office on Capitol Hill in Washington, Tuesday, Oct. 8, 2013. President …more 

WASHINGTON (AP) — President Barack Obama and House Speaker John Boehner offered hints of possible compromise but also traded heated rhetoric Tuesday, a frustratingly inconclusive combination that left the eight-day partial government shutdown firmly in place and the threat of an unprecedented national default drawing closer.

“There’s a crack there,” Boehner said of the impasse near the end of a day of maneuvering at the White House and the Capitol. Yet the Ohio Republican added that it was not enough to warrant optimism.

Stocks fell significantly — the Dow Jones average by 159 points — as political gridlock endured. And, in the latest in a string of dire warnings, the International Monetary Fund said failure to raise America’s debt limit could lead to default and disrupt worldwide financial markets, raise interest rates and push the U.S economy back into recession. Continue reading “Obama, Boehner trade barbs, hints of compromise”

Boehner Pledges to Avoid Default, Republicans Say

Boehner Pledges to Avoid Default, Republicans Say

Doug Mills/The New York Times

Speaker of the House John A. Boehner headed to the House floor to vote on Thursday in Washington.

By and

Published: October 3, 2013 WASHINGTON — Speaker John A. Boehner has privately told Republican lawmakers anxious about fallout from the government shutdown that he would not allow a potentially more crippling federal default as the atmosphere on Capitol Hill turned increasingly tense on Thursday.

Mr. Boehner’s comments, recounted by multiple lawmakers, that he would use a combination of Republican and Democratic votes to increase the federal debt limit if necessary appeared aimed at reassuring his colleagues — and nervous financial markets — that he did not intend to let the economic crisis spiral further out of control.

They came even though he has so far refused to allow a vote on a Senate budget measure to end the shutdown that many believe could pass with bipartisan backing. They also reflect Mr. Boehner’s view that a default would have widespread and long-term economic consequences while the shutdown, though disruptive, had more limited impact. Continue reading “Boehner Pledges to Avoid Default, Republicans Say”

John Boehner’s Shutdown

Editorial

John Boehner’s Shutdown

By
Published: October 1, 2013

By Tuesday morning, the leadership failure of Speaker John Boehner was complete. In encouraging the impossible quest of House Republicans to dismantle health care reform, he pushed the country into a government shutdown that will now begin to take a grievous economic toll.

At any point, Mr. Boehner could have stopped it. Had he put on the floor a simple temporary spending resolution to keep the government open, without the outrageous demands to delay or defund the health reform law, it could easily have passed the House with a strong majority — including with sizable support from Republican members, many of whom are aware of how badly this collapse will damage their party. Continue reading “John Boehner’s Shutdown”

Speaker Boehner on the cliff edge

By Molly K. Hooper and Bob Cusack – 09/30/13 06:00 AM ET

John Boehner is taking the biggest risk of his political career. [WATCH VIDEO]

By embracing the Tea Party’s strategy aimed at thwarting ObamaCare, Boehner (R-Ohio) is betting he can win the public relations battle against President Obama’s bully pulpit.

It is a huge gamble; the political fallout from it could be felt for years to come.

His recent maneuvers on funding the government represent a significant shift in his stewardship of the House. Continue reading “Speaker Boehner on the cliff edge”

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