John Boehner Debt Ceiling Speech Video July 25, 2011: Republican Response to Presidential Address to the Nation

By on July 25, 2011 - Comments { 6 } - in Politics

John Boehner

Watch House Speaker John Boehner’s debt ceiling speech video on Mon., July 25, 2011. It is the Republican response to the Presidential address to the nation regarding the budget deficit talks between the Congressional leaders and President Obama. The speech starts immediately after the President’s remarks at 9 p.m. ET. Watch live stream video below. Thereafter, the full replay video and transcript text will be posted.

UPDATE: Replay video and transcript are below.


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YouTube link.

SPEAKER BOEHNER ADDRESS TO THE NATION
JULY 25, 2011
AS PREPARED FOR DELIVERY

Good evening. I’m John Boehner. I serve as Speaker of the whole House — of the members of both parties that you elect. These are difficult times in the life of our nation. Millions are looking for work, have been for some time, and the spending binge going on in Washington is a big part of the reason why.

Before I served in Congress, I ran a small business in Ohio. I was amazed at how different Washington DC operated than every business in America. Where most American business make the hard choices to pay their bills and live within their means, in Washington more spending and more debt is business as usual.

I’ve got news for Washington – those days are over.

President Obama came to Congress in January and requested business as usual — yet another routine increase in the national debt limit — we in the House said ‘not so fast.’ Here was the president, asking for the largest debt increase in American history, on the heels of the largest spending binge in American history.

Here’s what we got for that spending binge: a massive health care bill that most Americans never asked for. A ‘stimulus’ bill that was more effective in producing material for late-night comedians than it was in producing jobs. And a national debt that has gotten so out of hand it has sparked a crisis without precedent in my lifetime or yours.

The United States cannot default on its debt obligations. The jobs and savings of too many Americans are at stake.

What we told the president in January was this: the American people will not accept an increase in the debt limit without significant spending cuts and reforms.

And over the last six months, we’ve done our best to convince the president to partner with us to do something dramatic to change the fiscal trajectory of our country. . .something that will boost confidence in our economy, renew a measure of faith in our government, and help small businesses get back on track.

Last week, the House passed such a plan, and with bipartisan support. It’s called the ‘Cut, Cap, and Balance’ Act. It CUTS and CAPS government spending and paves the way for a Balanced Budget Amendment to the Constitution, which we believe is the best way to stop Washington from spending money it doesn’t have. Before we even passed the bill in the House, the President said he would veto it.

I want you to know I made a sincere effort to work with the president to identify a path forward that would implement the principles of Cut, Cap, & Balance in a manner that could secure bipartisan support and be signed into law. I gave it my all.
Unfortunately, the president would not take yes for an answer. Even when we thought we might be close on an agreement, the president’s demands changed.

The president has often said we need a ‘balanced’ approach — which in Washington means: we spend more. . .you pay more. Having run a small business, I know those tax increases will destroy jobs.

The president is adamant that we cannot make fundamental changes to our entitlement programs. As the father of two daughters, I know these programs won’t be there for them and their kids unless significant action is taken now.

The sad truth is that the president wanted a blank check six months ago, and he wants a blank check today. That is just not going to happen.

You see, there is no stalemate in Congress. The House has passed a bill to raise the debt limit with bipartisan support. And this week, while the Senate is struggling to pass a bill filled with phony accounting and Washington gimmicks, we will pass another bill – one that was developed with the support of the bipartisan leadership of the U.S. Senate.

Obviously, I expect that bill can and will pass the Senate, and be sent to the President for his signature. If the President signs it, the ‘crisis’ atmosphere he has created will simply disappear. The debt limit will be raised. Spending will be cut by more than one trillion dollars, and a serious, bipartisan committee of the Congress will begin the hard but necessary work of dealing with the tough challenges our nation faces.

The individuals doing this work will not be outsiders, but elected representatives of the people, doing the job they were elected to do as outlined in the Constitution. Those decisions should be made based on how they will affect people who are struggling to get a job, not how they affect some politician’s chances of getting reelected.

This debate isn’t about President Obama and House Republicans … it isn’t about Congress and the White House … it’s about what’s standing between the American people and the future we seek for ourselves and our families.

You know, I’ve always believed, the bigger government, the smaller the people. And right now, we have a government so big and so expensive it’s sapping the drive of our people and keeping our economy from running at full capacity.

The solution to this crisis is not complicated: if you’re spending more money than you’re taking in, you need to spend less of it,

There is no symptom of big government more menacing than our debt. Break its grip, and we begin to liberate our economy and our future.

We are up to the task, and I hope President Obama will join us in this work.

God bless you and your families, and God bless America.

Previously….

Link live web-feed video is above as well as at CNN Live and CNN for iPhone and iPad app The speech time is approximate; it will start after President Obama’s address scheduled for 9 p.m. ET (6 p.m. PT). The GOP response will also receive television coverage from the broadcast networks, ABC, CBS, and NBC and the news cable channels CNN, MSNBC, Fox News, and CSPAN. Check TimeandDate.com for start time in your time zone.

The House Speaker John Boehner in his response to President Obama’s address will discuss the efforts of Congress and the President to reach an agreement regarding the federal budget deficit and the debt ceiling which must be raised by August 2, 2011 to avoid possible default and negative impact on the financial markets and the economy.

In advance of the speech tonight, the Speaker has issued a statement: Two-Step Approach to Hold President Obama Accountable

See a roundup of stories and commentary on the deficit and debt ceiling as well as a video report below.




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John Boehner Debt Ceiling Speech Video July 25, 2011: Republican Response to Presidential Address to the Nation

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6 Responses to John Boehner Debt Ceiling Speech Video July 25, 2011: Republican Response to Presidential Address to the Nation

  1. Jacqueline Whitt July 25, 2011 at 9:30 pm #

    The housespeaker, is putting the nail in the coffin. The party of his, is only for the wealthy. They, are not interested in getting things done. All, they have done is work on getting elected. Where are the jobs, they promised? IF they cut all the programs, our nation will be a class system. the very rich and poor. Its time we vote them out. Don’t let this party that put us in this mess get away with their lies. For 8 yrs they had control, did nothing. It was okay to raise the debt ceiling for President Bush, 6 times. Well, come on Mr. House speaker tell the truth. Your party has not help this country for along time.

  2. Sartre Humeingway III esq. July 26, 2011 at 12:05 pm #

    Mr. Speaker, your parties are terrible. I once went under the pretense that it was a “Bikini Shake Your Money Maker” party and entered to find that it was a bunch of old men shaking their wallets at a pile of empty bikinis on the floor. That was horribly deceptive of you. Admit it, Mr. Speaker, your parties are crap and have been crap for years. You never once hosted a toga party. Not once spiked a drink. Never invited strippers. Only had a koala bear come once. Really, where did you go to school? “Bad-Parties R’ Us University”? You raised the roof under Bush like six times without inviting me. That was just rude. Raise the roof now, the roof is on fire.

  3. Alexander Scott July 26, 2011 at 12:14 pm #

    I’m a life-long registered republican from the great state of Indiana. In nearly thirty years of voting, I’ve yet to vote for a democrat for a major office. In 2008 I didn’t vote for Pres Obama, not because he was a democrat, but because I thought he lacked experience and depth of character- However, I didn’t vote for Mr McCain either due to his choice of running-mates. (My preferrence, like that of many of my family and friends, would have been Mrs. Clinton.)

    Having said this, in the great debate over taxes, spending, and the national debt, I am fully behind our President- my President. We Americans need a President who is on our side. Right now, President Obama seems to be the man for the job. He has most certainly won my support for 2012.

  4. Sal Utations July 26, 2011 at 12:45 pm #

    First, I would like to address the apocalyptic rhetoric being exposed in the American media concerning the issue of the debt ceiling. August 2nd, 2011 is merely the date our congressional boys and girls are set to go on summer vacay, it is not the date our light bill is due, and it is certainly not doomsday. To avoid ruining their holiday, Congress will have a bill before the President, that he will likely sign. But what if he doesn’t sign it? Will Chinese debt collectors rush the oval office? Will armed radicals descend from the mountains? Will all industry shutdown, and riots ensue in our Urban areas? No. Why? Because we are talking about the debt ceiling, and…LIFE IS NOT A MOVIE!
    Well, would happen on August 3rd if no agreement is found? The markets will react. The dollar may devalue, as it has been. Prices of certain commodities may increase. But what about us regular middle class types, what will happen to us? Well, in the short term, nothing at all. The interest rates on your “MassaCard” or “AmericanExcess” will not skyrocket, not on August 3rd anyway. In the mean time, Johnny B and Miss Nancy will have to put up their fanny packs and suntan lotion and continue to work. Will our nations credit rating be downgraded. Eventually. Will this hurt? Absolutely. However, this too is not apocalyptic. In fact it could be used as an impetus to long needed spending changes. We will be forced to borrow less. We will see that we can no longer afford two wars,the all the various foreign entanglments such as Libya. We will also be forced to reform our current welfare state: Social Security being the main concern. But, none of that will happen, because despite rampant partisanship, all Americans agree on one thing, we like to spend money we don’t have. A deal will be struck. There is no nail, there is no coffin.

    P.S. The American Government is no stranger to defaulting upon its debts. The 1934 ban of gold ownership and the renig of paying out of gold certificates, followed by the increased adjustment of the value of gold, devalued value of certificate holders by 40 percent. Roosevelt was an unholy-tyrant cripple… just sayin’.

  5. Dorothea Wilkinson July 27, 2011 at 2:55 am #

    Boehner, Not only are you dysfunctional, but you are delusional, and manipulative. You are so full of it. Your response is totally about your party vs: the president. You are all so intimidated by his intelligence. There is no comparison between what you said and Obama’s speech. Obama is brilliant and inspirational and you are an angry Obama bashing idiot who rather bring our country down than compromise. You would get so much more respect if you could meet in the middle and have a balanced approach. The wealthiest 2 % of our population is not made up of small businesses. Being a former small business owner does not make you an expert on why – not to raise taxes on the wealthiest Americans. Besides we’re not talking about raising taxes, we’re talking about returning the tax rate for the rich to where it used to be before Bush. They’ve had it too good for too long and you all know it. Like Obama said, it’s not fair. Please compromise and stop the game playing, it really isn’t looking good for you.

  6. Lupe Gutierrez July 27, 2011 at 11:43 pm #

    I pray to 8our Heavenly Father to guide and protect each one of us especially our US President Obama and everyone in govt office that a mutual compromise be obtained in resolving the national debt of our country and that we all learn to work together to benefit what’s in the best interest for all of us. God help and bless America during this issue. Amen. Praying in Texas.

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