House Speaker Boehner opposes delay in automatic budget cuts
WASHINGTON (Reuters) - Top Republican lawmaker John Boehner said on Wednesday that he would oppose any delay in the automatic budget cuts that are set to kick in March 1, without other spending cuts and reforms.
"At some point Washington has to deal with its spending problem," Boehner, the speaker of the House of Representatives, told reporters.
About $85 billion in across-the-board budget cuts will go into effect if Congress does not pass legislation to change the law. Half of the cuts will hit the defense department.
- Moscow fights back after sanctions; battle rages near Ukraine crash site
- Carnage at U.N. school as Israel pounds Gaza Strip |
- U.S. economy bounces back in second quarter |
- EU and U.S. announce new sanctions on Russia over Ukraine |
- Obama says strains over Ukraine not leading to new Cold War with Russia