Boehner: U.S. Will Not Default on Debt, But Congress Will Slash Spending Published January 30, 2011 | FoxNews.com The United States will not default on its obligations, but must reduce spending at the same time it raises its debt limit, House Speaker John Boehner said Sunday. Suggesting that lawmakers are willing to uncouple the debt ceiling from the spending debate so that the U.S. doesn't default on its loans... Read more: http://www.foxnews.com/politics/201...t-debt-congress-slash-spending/#ixzz1CYDmqUGT In order to avoid defaulting on it's debt, it decides to print more money. How smart. How can you reduce spending and raise the debt limit at the same time? Just what the hell does that solve?