Boehner: Government shutdown would cost more money than it would save (teapartier heads explode) [View All]

[jefferson_dem]

Boehner: Government shutdown would cost more money than it would save
By Molly K. Hooper - 04/01/11 02:31 PM ET

Speaker John Boehner on Friday said shutting down the federal government would be more costly than keeping it running and his party is against a shutdown.

On the same day that President Obama warned that a government shutdown could jeopardize the economic recovery, Boehner said a shutdown would trigger immediate financial problems.

“If you shut the government down, it’ll end up costing more than
 you’ll save because you interrupt contracts – there are a lot of
 problems with the idea of shutting the government down – it is not the
 goal,” Boehner said Friday outside his office suite in the Capitol.

Negotiations are ongoing between Democratic and Republican leaders to strike a deal on a spending plan for the remaining six months of fiscal 2011, and Boehner insisted Friday that his side has not agreed to a deal.

Sources close to the talks, however, say both parties are working toward a target of cutting $33 billion in this year’s spending. Both Republicans and Democrats caution that no deal has been reached and a final agreement may hinge on the kinds of cuts in the package.

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Some government offices are considering worst-case scenarios, but Boehner said his office is not getting ready for a shutdown.

“I’m not preparing for a government shutdown,” Boehner said.

http://thehill.com/homenews/news/153347-boehner-shutdown-would-cost-more-than-it-would-save?tmpl=component&print=1&layout=default&page=