Showing posts with label budget agreement. Show all posts
Showing posts with label budget agreement. Show all posts

Tuesday, October 27, 2015

Boehner gives incoming speaker parting gift with budget deal



The Washington Post
Kelsey Snell
 
U.S. Speaker of the House Rep. John Boehner (R-OH) (R) speaks as House Majority Leader Rep. Kevin McCarthy (R-CA) (2nd L) and Rep. Cathy McMorris Rodgers (R-WA) (L) listen during a news briefing after a House Republican Caucus meeting October 27, 2015 at the Capitol in Washington, DC.© Photo by Alex Wong/Getty Images U.S. Speaker of the House Rep. John Boehner (R-OH) (R) speaks as House Majority Leader Rep. Kevin McCarthy (R-CA) (2nd L) and Rep. Cathy McMorris Rodgers (R-WA) (L)…
[Congressional leaders and White House are closing in on a budget deal]

 
Outgoing House Speaker John Boehner presented his newly forged budget deal to his Republican colleagues at a private meeting this morning, outlining his plan to avert another government shutdown and raise the debt ceiling as a parting gift to his successor.

The deal would increase federal spending by $80 billion over two years and raise the federal borrowing limit through 2017. The 144-page bill, which was released Monday shortly before midnight, was welcomed by Democrats who have been pushing for budget negotiations all year.
“We have a budget agreement,” said outgoing House Speaker John Boehner (R-Ohio) after the meeting of House Republicans where the outlines of the deal were presented.

Boehner (R-Ohio), who will step down on Oct. 30, added that the alternative was a clean debt ceiling suspension with no extra funding for troops. “This is a good deal.”



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