Cruz Vows Spending Fight on Debt Cap Boehner May Avoid

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Senator Ted Cruz vowed to use a debate over raising the federal debt ceiling as leverage to extract a new round of U.S. spending cuts, even as House Speaker John Boehner told reporters that defaulting would be “the wrong thing” for the country.

Cruz, the Texas Republican who led the fight to defund Obamacare that contributed to a 16-day partial government shutdown in October, said today he wouldn’t give in to Democratic demands to raise the debt limit without conditions.