John Boehner Tells White House To ‘Cut Up Credit Cards’

Why is it that when you or I are broke, that we are told to spend less; and when the White House is broke they want to spend even more? I guess that's what I need to tell the bank next time I'm overdrawn. "I know I don't have any money, that's why I'm shopping!" This is the mentality that we have in the White House?

The United States will not default on its obligations, but must reduce spending at the same time it raises its debt limit, House Speaker John Boehner said Sunday.

Suggesting that lawmakers are willing to uncouple the debt ceiling from the spending debate so that the U.S. doesn't default on its loans, Boehner said the Republican-led House will demand that an increase in the debt limit is met with changes to the budget process so that Washington's spending spree "never happens again."

"If the president is going to ask us to increase the debt limit, then he's going to have to be willing to cut up the credit cards," he said. "I think our team has been listening to the American people. They want to us reduce spending, and there is no limit to the amount of spending we're willing to cut."