House Speaker John Boehners office has released excerpts of his pitch to House Republicans tonight on the deal he struck with Senate Democrats and President Obama:
The press has been filled with reports all day about an agreement. Theres no agreement until weve talked to you. There is a framework in place that would cut spending by a larger amount than we raise the debt limit and cap future spending to limit the growth of government. It would do so without any job-killing tax hikes. And it would also guarantee the American people the vote they have been denied in both chambers on a balanced budget amendment while creating I think some new incentives for past opponents of a BBA to support it."
My hope would be to file it and have it on the floor as soon as possible. I realize thats not ideal and I apologize for it. But after I go through it youll realize its pretty much the framework weve been operating in."
Since Day One of this Congress weve gone toe-to-toe with the Obama Administration and the Democrat-controlled Senate on behalf of our people we were sent here to represent."
Remember how this all started: the White House demanded a clean" debt limit hike with no spending cuts and reforms attached. We stuck together and frankly made them give up on that."
Then they shifted to demanding a balanced" approach equal parts spending cuts and tax hikes. With this framework theyve given up on that too."
Im gonna tell you this has been a long battle weve fought valiantly and frankly weve done it by listening to the American people. And as a result our framework is now on the table that will end this crisis in a manner that meets our principles of smaller government."
Now listen this isnt the greatest deal in the world. But it shows how much weve changed the terms of the debate in this town."
There is nothing in this framework that violates our principles. Its all spending cuts. The White House bid to raise taxes has been shut down. And as I vowed back in May when everyone thought I was crazy for saying it every dollar of debt limit increase will be matched by more than a dollar of spending cuts. And in doing this weve stopping a job-killing national default that none of us wanted."
House Speaker John Boehners office has released excerpts of his pitch to House Republicans tonight on the deal he struck with Senate Democrats and President Obama:
The press has been filled with reports all day about an agreement. Theres no agreement until weve talked to you. There is a framework in place that would cut spending by a larger amount than we raise the debt limit and cap future spending to limit the growth of government. It would do so without any job-killing tax hikes. And it would also guarantee the American people the vote they have been denied in both chambers on a balanced budget amendment while creating I think some new incentives for past opponents of a BBA to support it."
My hope would be to file it and have it on the floor as soon as possible. I realize thats not ideal and I apologize for it. But after I go through it youll realize its pretty much the framework weve been operating in."
Since Day One of this Congress weve gone toe-to-toe with the Obama Administration and the Democrat-controlled Senate on behalf of our people we were sent here to represent."
Remember how this all started: the White House demanded a clean" debt limit hike with no spending cuts and reforms attached. We stuck together and frankly made them give up on that."
Then they shifted to demanding a balanced" approach equal parts spending cuts and tax hikes. With this framework theyve given up on that too."
Im gonna tell you this has been a long battle weve fought valiantly and frankly weve done it by listening to the American people. And as a result our framework is now on the table that will end this crisis in a manner that meets our principles of smaller government."
Now listen this isnt the greatest deal in the world. But it shows how much weve changed the terms of the debate in this town."
There is nothing in this framework that violates our principles. Its all spending cuts. The White House bid to raise taxes has been shut down. And as I vowed back in May when everyone thought I was crazy for saying it every dollar of debt limit increase will be matched by more than a dollar of spending cuts. And in doing this weve stopping a job-killing national default that none of us wanted."
