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House Speaker Boehner To Make Major Statement In 24 Hours On Debt Limit

July 23, 2011

From Politico. 

Hope the Speaker does not walk away again.

House Speaker John Boehner hopes to avert a crisis in the Asian markets by making an affirmative statement within 24 hours about negotiations on a plan to raise the debt limit and cut spending, he told GOP colleagues on a Saturday afternoon conference call. Boehner said he’s still trying to squeeze out between $3 trillion and $5 trillion in spending and avoid using the so-called “McConnell plan” that would give the president the authority to raise the debt ceiling, subject to congressional disapproval, according to GOP sources on the call.

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