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)
Trending On Reuters
As India launches an $18 billion plan to spread the information revolution to its provinces, the problems it faces are a holdover from the past - electricity shortages, badly planned, jam-packed cities, and monkeys. Full Article
RBI to leave repo rate on hold next week but cut 25 bps by end-June - Reuters poll Full Article