POLITICS
07/22/2011 01:18 pm ET | Updated Sep 21, 2011

John Boehner: 'No Deal' On Debt Ceiling, Democrats Have 'Done Nothing'

WASHINGTON (AP/The Huffington Post) -- Speaker John Boehner declared Friday that the House has "done its job" toward resolving the impasse over raising the government's debt limit and said it was time for the Senate to act.

"There is no deal. There is no agreement in private" with Democrats, Boehner told reporters at the Capitol as the Senate was voting on a bill pushed through the House by majority Republicans which is called "cut, cap and balance" in pursuit of an accommodation on raising the government's debt limit. The legislation was killed in the Democratic-dominated Senate on a procedural vote by a 51-46 margin.

Treasury's borrowing authority expires Aug. 2, and the government will be facing default at that time in the absence of legislation to raise the debt limit.

A testy Boehner said at one point that "at the end of the day, we have a spending problem," blaming that on Democrats and then abruptly declaring an end to his news conference.

Boehner's appearance came after days of partisan wrangling and the Senate vote on GOP-backed legislation tying an increase in borrowing authority to a substantial program of spending cuts, including restraints on Social Security and Medicare.

House Majority Leader Eric Cantor called on Democrats to produce their own plan.

After the Senate voted to kill the "cut, cap, and balance" bill, Boehner took to the House floor to blast Democrats.

His remarks are below.

"Mr. Speaker, there is a huge gulf between Washington, DC and the American people. They are dealing with tough times. They’re struggling to pay their bills. And they look to Washington, they see politicians who can’t stop spending money -- their money.

Listen, we’re broke. We need to stop the out-of-control spending spree that’s going on in Washington, DC.

The House has acted. We passed a bill that raised the debt limit, cuts spending, puts in place real reforms in place, and requires Congress send to the states a Balanced Budget Amendment. It’s called ‘cut, cap, and balance.’

We’ve done our job. The Democrats who run Washington have done nothing. They can’t stop spending the American people’s money. They won’t and they refuse.

The Senate Majority Leader says they still won’t offer a plan to cut spending. Or a plan to raise the debt limit. Frankly, that’s irresponsible.

Mr. Speaker, where is their plan?

President Obama talks about being ‘the adult in the room.’ But where is his plan to cut spending and raise the debt limit?

We’re in the fourth quarter -- and we’re fighting for jobs, we’re fighting for the future, we’re fighting for the American people."