Boehner Denies Obama’s Request For Debt Ceiling Increase

BoehnerWashington (CNN) — As the partial shutdown of the federal government enters its seventh day Monday, the countdown to a government debt default drops to ten days.

A default is widely regarded as a much bigger economic disaster than the shutdown of non-essential services. President Barack Obama has demanded that Congress raise the debt ceiling, and avoid default, without conditions.

But House Speaker John Boehner said Sunday there will be no debt limit increase, and no end to the partial shutdown, unless President Barack Obama and Senate Democrats negotiate with House Republicans.

 

Source: CNN