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Wednesday
Jul062011

Boehner Predicts ‘Fruitless’ Debt Talks Unless Tax Demands End

SAUL LOEB/AFP/Getty Images(WASHINGTON) -- House Speaker John Boehner welcomed President Obama’s invitation to the White House later this week to continue negotiations to increase the debt limit, but warned that the “discussions will be fruitless until the president recognizes economic and legislative reality” that a deal does not have the votes to pass the House if it includes tax increases.

“We’re not dealing just with talking points about corporate jets or other ‘loopholes,’” Boehner, R-Ohio, said in a statement Tuesday afternoon following the president’s remarks from the White House briefing room.  “The legislation the president has asked for -- which would increase taxes on small businesses and destroy more American jobs -- cannot pass the House, as I have stated repeatedly.”

Earlier Tuesday, Obama invited leaders from both parties and both Houses of Congress to the White House on Thursday for another bipartisan meeting, hoping to make progress ahead of the Treasury Department’s deadline for a solution early next month.

Despite the tough talk on both sides, Boehner indicated his agreement with Obama that Congress should work to implement a permanent solution -- not a short-term extension -- but he called on the president to demonstrate more leadership during the negotiations.

“I’m pleased the president stated today that we need to address the big, long-term challenges facing our country,” Boehner said.  “Our nation’s long-term future requires presidential leadership to address those challenges.”

Still, Boehner maintained his belief that the objective to cut spending by trillions while raising the debt ceiling can be accomplished without increasing taxes.

“Our focus should be on getting our economy back on track by making the spending reductions and structural reforms necessary to address our nation’s out-of-control debt.  We can do so without raising taxes on America’s small business job-creators,” Boehner stated.  “The American people are worried about our economy, and our future.  More than two years after the start of Washington Democrats’ ‘stimulus’ spending spree, they’re still asking, ‘where are the jobs?’”

Copyright 2011 ABC News Radio

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