House Speaker John Boehner (R-OH) issued the following statement after the Senate rejected President Obama’s request for a trillion-dollar debt ceiling increase:

Below is a summary of tonight’s meeting, from House Republicans:

"It’s time for leadership. It's time for these negotiations and this conversation to begin."

The White House’s rhetoric was a lot less heated a few years ago, when members of the president’s own party rejected his call for a “clean” debt limit hike.

"The idea that we should continue to spend money that we don’t have, and give the bill to our kids & our grandkids, would be wrong."

Not only have presidents of both parties negotiated over the debt limit for decades, the president himself has done so - twice. The first was in 2010...

Here are key excerpts from Speaker John Boehner’s interview this morning on ABC News This Week with George Stephanopoulos...

Speaker Boehner previewed upcoming House legislation – the Spending Control & Economic Growth Act – that will tie an increase in the debt limit to spending cuts and pro-growth reforms.

By a 2-to-1 margin, a broad majority of Americans “disagree with President Barack Obama’s contention that Congress should raise the U.S. debt limit without conditions”...

Speaker Boehner issued the following statement on today’s report from the Joint Economic Committee analyzing the economic & deficit reduction effects of various reforms included in the House’s plan to increase the debt limit.