“The sad truth is the president wanted a blank check six months ago, and he wants a blank check today,” he said.
Boehner said Obama created the “crisis atmosphere” surrounding the debt ceiling, and it would be resolved if the Senate simply adopts his plan and the president signs it.
The Speaker also defended his latest package, which he said was developed with the support of bipartisan leadership in the Senate, something Democrats spent the day denying. Boehner added that the plan would cut spending by more than $1 trillion and convene a committee to do the “hard but necessary work” of further cutting the deficit.
“The solution to this crisis is not complicated: If you’re spending more money than you’re taking in, you need to spend less of it,” Boehner said.
The ongoing debt ceiling debate has put presidential politicking on hold, with Obama and Vice President Joseph Biden canceling a handful of re-election fundraisers on the West Coast over the past few weeks, though some are rescheduled for August. If negotiations are still ongoing next week, Obama will skip a long-planned 50th birthday fundraiser in Chicago, a Democratic source told Roll Call.
Instead of attending a D.C. fundraiser Monday night, Obama sent Biden in his place so he could deliver the debt ceiling address.