Boehner Says U.S. On Path To Default If Obama Won’t Negotiate


boehnerRepublican House Speaker John Boehner vowed today not to raise the U.S. debt ceiling without a “serious conversation” about what is driving the debt, while Democrats said it was irresponsible and reckless to raise the possibility of a U.S. default.

“The nation’s credit is at risk because of the administration’s refusal to sit down and have a conversation,” Boehner told ABC’s “This Week,” adding that there were not enough votes in the House of Representatives to pass a “clean” debt limit bill, without any conditions attached.

Asked if that meant the United States was headed towards a default if President Barack Obama did not negotiate ahead of an October 17 deadline to raise the debt ceiling, Boehner said: “That’s the path we’re on.” Read more.

{ Newscenter}