2/12/2014 12:14 AM
Past GOP remarks linking cuts to debt ceiling hike
By The Associated Press
Since the budget fight of 2011, Republicans have insisted that any increase in the debt ceiling be accompanied by cuts in spending. It has been a recurrent demand and helped forge the budget act in 2011 that trimmed more than $2 trillion in spending over 10 years.
House Speaker John Boehner, R-Ohio, has called for a dollar of cuts for every dollar of new borrowing authority. On Tuesday, though, Boehner relented and let the House vote to extend Treasury's borrowing authority without conditions.
Examples of past Republican statements:
"We will not support an increase in the nation's credit limit without serious, real changes to the way this town does business and the way we spend taxpayer dollars." — House Majority Leader Eric Cantor, R-Va., May 3, 2011.
"We said, with the speaker's leadership, for every dollar of debt increase, you've got to cut more than a dollar's worth of spending. We got that." — House Budget Committee Chairman Paul Ryan, R-Wis., Aug. 1, 2011.
"Dollar for dollar is the plan." — Boehner, March 21, 2013.
"We're not going to raise the debt ceiling without real cuts in spending. It's as simple as that. ... I believe that the so-called Boehner Rule is the right formula for getting that done." — Boehner, July 23, 2013.
"We don't want nothing out of this debt limit. We're going to decide what it is we can accomplish out of this debt limit fight." — Ryan, Dec. 15, 2013.
"Nobody wants to default on our debt. But while we're doing this, we ought to do something about either jobs and the economy, about the drivers for our debt." — Boehner, Feb. 4, 2014.
(Copyright 2014 Associated Press. All rights
reserved. This material may not be published, broadcast, rewritten or redistributed.)