President Obama and Speaker John Boehner had lunch today. Here, according to Boehner’s office, is how their discussion of the debt ceiling went:
In a discussion of the debt limit, the Speaker – who has warned that the growing debt is hurting U.S. job creation – asked the President if he is proposing that Congress pass an increase that does not include any spending cuts to help reduce the deficit. The President said, “yes.” The Speaker told the President, “as long as I’m around here, I’m not going to allow a debt ceiling increase without doing something serious about the debt.”
In other words, the White House’s position, for now, is that they want a clean debt-ceiling bill. We’ll see if they stick to it.