UPDATE: 1:13 p.m.—With Debt-Ceiling Deadline Fast Approaching, Boehner May Be Getting Desperate (click here)
House Speaker John Boehner, R-Ohio, has told colleagues that he is dead-set on preventing the government from defaulting on its bills, a risk that becomes reality when the debt ceiling is reached on Oct. 17, reports The New York Times. One House Republican said Boehner is willing to violate what's called the Hastert Rule, which keeps any measure that doesn't have a majority of Republican votes off the floor, to avoid federal default. (By Marina Koren)
House Speaker John Boehner, R-Ohio, has told colleagues that he is dead-set on preventing the government from defaulting on its bills, a risk that becomes reality when the debt ceiling is reached on Oct. 17, reports The New York Times. One House Republican said Boehner is willing to violate what's called the Hastert Rule, which keeps any measure that doesn't have a majority of Republican votes off the floor, to avoid federal default. (By Marina Koren)
