Li Keqiang's India Visit
Chinese Premier Li Keqiang, smiling and effusive, was out to smooth ruffled feathers in India this week, promising to ease tensions and increase trade between Asia's fastest growing economies in his first trip overseas since taking office. Full Article | Slideshow
Confused while buying stocks? Get buy, sell or hold recommendations from VantageTrade. Full Coverage
Boehner: no long-term U.S. debt hike without Senate budget action
WILLIAMSBURG, Va |
WILLIAMSBURG, Va (Reuters) - U.S. House Speaker John Boehner said on Friday there should be no long-term increase in the federal debt limit until the Senate passes a budget, and House Republicans will try to force the Senate into action to cut spending.
"We are going to pursue strategies that will obligate the Senate to finally join the House in confronting the government's spending problem. The principle is simple: no budget, no pay," Boehner said in excerpts of his closing remarks to a Republican House retreat.
The Senate has not passed a formal budget resolution in nearly four years, as Congress has relied largely on stop-gap funding measures to keep government agencies and programs running.
(Reporting by David Lawder; Editing by Jackie Frank)
- Tweet this
- Share this
- Digg this