John Boehner, Debt Ceiling | featured news

President Obama and John Boehner have very different recollections of a tense phone call during the 2011 dispute over the debt ceiling, according to Bob Woodward's new book. They do agree that Obama called Boehner to say he would never sign an agreement that would force a reprise of the debt-ceiling debate before the 2012 election, according to the book The Price of Politics, to be released Tuesday.

House of Representatives Speaker John Boehner broke off talks with President Barack Obama on Friday and said he will begin negotiations with Senate leaders aimed at meeting an August 2 deadline to avert an unprecedented U.S. debt default.

President Obama is threatening to veto a House Republican plan to address the debt ceiling standoff, which includes a proposed balanced budget ...

Talks to reach a more ambitious deficit-reduction deal effectively broke down on Saturday, House Speaker John Boehner said, as he and fellow Republicans resisted any White House attempts that could increase taxes.

The Speaker of the House said that there were still significant obstacles in the way of an agreement.