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Sunday, March 17, 2013

Boehner: No US debt crisis right now, but it's on the horizon | Fox News

Boehner: No US debt crisis right now, but it's on the horizon | Fox News
House Speaker John Boehner broke from most Republicans on Sunday when he agreed with President Obama and other Democrats who say the country does not have an immediate debt crisis.
“We do not have an immediate debt crisis,” the Ohio Republican said on ABC’s “This Week.”
However, Boehner said such a crisis is on the horizon and disagreed with Obama about the need to fix the problem now.
“We have one looming because we have entitlement programs that are not sustainable in their current form. They’re going to go bankrupt,” he said. “I would argue that we do need to do something.”

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