Boehner: GOP will pass 'responsible' debt bill - 21 News Now, More Local News for Youngstown, Ohio -

Boehner: GOP will pass 'responsible' debt bill

Updated:

WASHINGTON (AP) - Speaker John Boehner (BAY'-nur) says the GOP-controlled House will "do its job" and pass legislation to lift the nation's borrowing cap and keep the government running, but will insist that Democrats accept new spending controls.

Boehner acknowledged Monday that failing to lift the so-called debt ceiling would have bad consequences. But he also said that "allowing our spending problem to go unresolved" would be just as troublesome.

Without congressional action, the government would have to default on its obligations, a prospect that could send markets into a spiral and do broader harm to the fragile economy.

The Ohio Republican's statement came after President Barack Obama told reporters he was willing to negotiate on the budget but wouldn't allow the debt ceiling to be held captive in the process.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

  • More From wfmj.comMore>>

  • Perry sending National Guard troops to border

    Perry sending National Guard troops to border

    Monday, July 21 2014 6:43 PM EDT2014-07-21 22:43:45 GMT
    Gov. Rick Perry is deploying up to 1,000 National Guard troops to the Texas-Mexico border over the next month to combat what he said Monday were criminals exploiting a surge of children pouring into the U.S. illegally.More >>
    Gov. Rick Perry is deploying up to 1,000 National Guard troops to the Texas-Mexico border over the next month to combat what he said Monday were criminals exploiting a surge of children pouring into the U.S. illegally.
    More >>
  • 2 people, 2 dogs rescued from boat in Lake Erie

    2 people, 2 dogs rescued from boat in Lake Erie

    Monday, July 21 2014 6:35 PM EDT2014-07-21 22:35:19 GMT
    The Coast Guard has rescued two people and two dogs from a sinking vessel in Lake Erie.More >>
    The Coast Guard has rescued two people and two dogs from a sinking vessel in Lake Erie.
    More >>
  • Americans from Texas, California killed in Gaza

    Americans from Texas, California killed in Gaza

    Monday, July 21 2014 6:32 PM EDT2014-07-21 22:32:05 GMT
    By TAMI ABDOLLAH and SARAH RANKIN Associated Press Max Steinberg and Nissim Sean Carmeli grew up in America. But they both developed a passion for Israel.More >>
    By TAMI ABDOLLAH and SARAH RANKIN Associated Press Max Steinberg and Nissim Sean Carmeli grew up in America and had a passion for Israel.More >>
Powered by WorldNow
All content © Copyright 2000 - 2014 Worldnow and WFMJ. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms