Just days after House Speaker John Boehner announced that Republicans would only agree to raise the debt ceiling in return for spending cuts that total more than amount of the ceiling hike, the Ohio Republican said his terms had “clearly…struck a nerve” with the White House.
“Earlier this week I made clear that there would be no debt increase without meaningful spending cuts and budget reforms. As I said on Monday, the spending cuts should be greater than the accompanying increase in the debt limit,” Boehner told reporters Thursday. “Clearly we struck a nerve and the response from the White House has been panic and hysteria.”
Congress will vote on whether to raise the nation’s $14.3 trillion debt limit in the next few months. Republicans, who control the House, have long said they will kill the measure unless it is tied to “trillions” in cuts to government spending.