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At a news conference this morning, Mr. Boehner was asked about Mr. Bernanke's comments, and here's what he said: "Well, I think what the chairman's referring to is the fact that we've got spending that continues to be out of control, a red tape that's out of control".
Though many Republicans have since backed away from the commitment, GOP leaders still took a hard stance on tax increases during the fiscal cliff and debt ceiling negotiations, vowing not to raise taxes unless they got spending cuts in return.
Similar(57)
"The way reconstruction money got spent was totally chaotic, and the I.H.R.C. was emblematic of that".
money rained on Wall Street, and plenty of it got spent on plane tickets.
"And then it rained and all the money in the bank got spent.
But it still gets spent.
What doesn't get spent rolls over.
"More money gets spent on gum".
"If I leave it at home, it will get spent".
Political money that wants to be spent gets spent.
Q: What does the contingency fund normally get spent on?
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com