U.S. House Speaker John Boehner renewed his call on Tuesday for deficit-reduction talks with President Barack Obama and signalled that the discussions would be wide open.
"There is nothing on the table, there's nothing off the table," Boehner told reporters, adding there was "no line in the sand."
Boehner spoke to reporters after a meeting with Repulican members of the House of Representatives. Members emerged from the meeting saying they would insist on deficit-reduction negotiations with Obama as a condition for raising the federal debt limit. The U.S. Treasury expects to exhaust all of its remaining borrowing capacity under the current $16.7 trillion cap by Oct. 17.