Boehner Wants To Know How Far He Can Tease Wall Street On Not Raising Debt Limit
Wall Street is not taking well to House Speaker John Boehner’s inquiries as to how far he can go in preaching not raising the debt limit before he has to pull back and be reasonable before the May 16 deadline. Answer: not very.
“The questioning is not going over well. ‘They don’t seem to understand that you can’t put everything back in the box. Once that fear of default is in the markets, it doesn’t just go away. We’ll be paying the price for years in higher rates,’ said one executive. Boehner’s office last night would not confirm the conversations.”Click here for reuse options!
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