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by News Editor
U.S. President Barack Obama is greeted by Speaker of the House John Boehner. Photo: Pete Souza.
NY Times – Speaker John A. Boehner on Tuesday set the stage for a bruising election-year showdown on fiscal policy, vowing to hold up another increase in the federal debt ceiling unless it was offset by larger spending cuts.
His combative comments came on the same day the Republicans’ presumptive nominee, Mitt Romney, hit President Obama hard on his fiscal stewardship in a speech in Des Moines, suggesting that Mr. Romney and Congressional Republicans see an opening to attack the president on the mounting federal debt and the size of the government.
