Boehner pledges not to allow debt default

|By:, SA News Editor

House Speaker John Boehner has reportedly told Republicans in private that he won't allow a U.S. debt default, and if necessary, would use GOP and Democratic votes to increase the debt ceiling.

Boehner is also apparently looking to negotiate a combined deal for passing budget legislation and raising the debt ceiling.

The speculation comes as a group of Republicans, with support from Democrats, are floating a compromise proposal that would enable the government to re-open. In return for passing a federal funding bill, Congress would repeal a tax on medical devices but not delay provisions of Obamacare by a year, as demanded by the Republican leadership at the moment.

President Obama has reiterated his stance about not negotiating over budget and debt legislation.