12/12/2014 08:16 pm ET Updated Dec 12, 2014

GOP Could Bring Back Dollar-For-Dollar Cuts


Rep. Tom Price (R-Ga.) on Friday said it would be “wise” for Republicans to follow a rule next year that would require any hike to the debt ceiling to be matched by equivalent spending cuts.

Known as the Boehner Rule, it would require Congress to impose "dollar-for-dollar" cuts to offset any hike to the debt ceiling. The practice was established by Speaker John Boehner (R-Ohio) and used for much of 2011 after Republicans won House majority.

Read more on The Hill