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House Speaker John Boehner weighs in on debt and the Republicans’ position on tax increases.
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Making news in the Fox Business the most powerful Republican in Washington congressman John Boehner.
Calling our country's data wet blanket on the economy rich as that just sat down exclusively with the house speaker just moments ago threats.
-- -- equity -- on the question we had was our house Republicans going to push for.
Further cut the debt deal this year and here's his response.
On how much discretionary spending we can have a last year in this coming year and frankly for the next three years.
But those are limits I don't think -- -- We certainly do more but we're having a conversation -- their members about how to proceed on the budget.
Our members understand how difficult this fiscal situation is with regard -- our our government.
And and they're serious about taking action to reduce the budget deficit and -- reduce certain so will house Republicans go further.
Cut further but we're talking -- -- members through normal legislative process about how to preserve budget and unless there's some.
Revenue miracle in the next six months or so we're gonna have -- debt ceiling again here in Washington.
Is it still the Republican position that cuts must people any increase in the debt -- But would not have any real discussion.
About.
How we would -- of the debt ceiling later on this year or early next year.
But clearly.
Our debt is of big concern.
I think our budget deficit and debt.
-- like a wet blanket hanging over economy.
Washington needs to grapple with our long term fiscal problem.
And I think you know when you're talking about increase.
The debt -- It's the most probable time.
To force action to have to look at how do we fix this system and discussions on the Republican approach on how to force further action Safeco where we're trying to deal what -- -- budget.
We're trying to do what.
Rising energy prices.
And -- we have for the debt level later on the issue will be to what what happens to the bush tax cuts of the year.
Well o'clock -- precision about what happens but in a -- -- -- I think it's the last thing you wanna do is raise taxes on the American people.
And FX to have a deal one of pre tax -- Affect every.
Income tax rate.
It affects capital gains and effects of dividends the marriage penalty.
-- per child tax credit.
And also implement.
Would be other return of the death tax.
And so as we get to this year -- -- house Republicans.
Advocated for an extension.
Of these current.
-- tax policies.
As we -- and continue to work.
Well on how we reform our tax -- both of corporate side of personal side.
To bring down -- operates.
A flattened out to code and help make America more competitive.
Is there any way that house Republicans.
And give on the no tax increase at the end of the year your butting heads up against an expiring tax cut suite of expiring tax cuts and and the Obama position.
Well the fact is is that raising taxes on a weak economy is a prescription for disaster.
It's it's as clear as can be -- back through history.
Does not terribly raising taxes on the American people -- gonna -- the -- to the Republican position is still no tax increase we believe that the raising taxes.
In a weak economy is wrong prescription.
How it is incredible when you look at all that happens at.
At the end of this year still no discussions as speaker Boehner on the expiring bush tax cuts.
On a possible debt ceiling increase towards the end of the year it is still headed for some real login here at the end of the year may not having gotten that in Washington back -- -- And risks for a quick Anderson is up more than interviews in the coming up in the next hour of Fox Business the next headliner rich kids.
In the next ten -- we talked about energy we talk about regulation and of course tax and -- it makes -- -- live from Washington with exclusive sit down.
With congressman John Boehner house thanks.
