John Boehner Offers Taking Debt Limit Off Table For One Year: Report

Boehner Offers Taking Debt Limit Off Table For One Year: Report
House Speaker John Boehner of Ohio, who conferred with President Barack Obama by phone yesterday, speaks during a news conference on Capitol Hill in Washington, Wednesday, Dec. 12, 2012, following a closed-door meeting with the GOP caucu. Boehner and the other House Republican leaders are calling for Obama to come up with plan they can accept for spending cuts and tax revenue to avoid the so-called "fiscal cliff" of automatic tax hikes and budget reductions. (AP Photo/J. Scott Applewhite)
House Speaker John Boehner of Ohio, who conferred with President Barack Obama by phone yesterday, speaks during a news conference on Capitol Hill in Washington, Wednesday, Dec. 12, 2012, following a closed-door meeting with the GOP caucu. Boehner and the other House Republican leaders are calling for Obama to come up with plan they can accept for spending cuts and tax revenue to avoid the so-called "fiscal cliff" of automatic tax hikes and budget reductions. (AP Photo/J. Scott Applewhite)

House Speaker John A. Boehner has offered to push any fight over the federal debt limit off for a year, a major concession that would deprive Republicans of leverage in the budget battle but is breathing new life into stalled talks over the year-end “fiscal cliff.”

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