Obama threatens veto on Boehner’s debt limit plan

President Barack Obama Tuesday threatened to veto Speaker of the House John Boehner’s debt limit proposal.

The threat came in a Statement of Administrative Policy (SAP) from the Office of Management and Budget. (RELATED: GOP divided over Boehner’s debt plan)

“The Administration strongly opposes House passage of the amendment in the nature of a substitute to S. 627,” reads the statement. “If S. 627 is presented to the President, the President’s senior advisors would recommend that he veto this bill.”

Obama has already endorsed the plan put forth by Senate Majority Leader Harry Reid, which would raise the debt limit through 2012. Boehner’s short-term fix drew criticism Tuesday, when market analysts said it would not prevent a downgrade in the country’s credit rating.

Some, however, have pointed out that the SAP is only close to being a veto threat because it only says “advisors would recommend” a veto.

Brendan Buck, a spokesperson for Speaker John Boehner emailed a statement saying, “The House plan is the only one with a pathway to the President’s desk, and we appreciate his apparent willingness to sign it. By signing the House bill, the President could quickly end the crisis atmosphere he’s created and demonstrate he’s serious about cutting spending.”

WATCH: Reid asks GOP to back Dem Proposal

  • jonathan galt

    Obama incessantly reminds us that he inherited this mess from Bush. If we take him at his word, bush was so almighty that he used his presidential powers to pass his budgets and plans through the democrat controlled congress. Can’t obama use his incredible presidential power to fix it? Or was bush that more powerful and capable?

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  • Humorless

    You mean the one that Boehner just had to pull because he “forgot to carry the 2″? :)

    • Tailor.in.stitches

      The democrats haven’t put forth a plan to even get scored by the CBO. But….we’re not surprised as that’s their method of operation. Don’t do anything, don’t vote on anything, don’t produce a budget, and vote present as a state senator — that way nobody can criticize your record at election time.

      The dems are being a bunch of chicken sh(ts and you fit right in.

  • BigRmv

    I wonder why the Democrats are so upset that they might have to compromise. Weren’t they the ones who promised to ‘unite’ America? All they have to do is pick one of 3 plans offered by the Republicans and–voila!–the deal is done.

    Democrats need to stop being ‘The Party of No.’

  • pfh46n2

    I really wish the republicans would stop overplaying their hand. What do you think?
    Poll: Obama vs Boehner ; vote: http://www.wepolls.com/p/1555999/

    • Tailor.in.stitches

      “The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure. It is a sign that the U.S. Government can’t pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government’s reckless fiscal policies. … Increasing America’s debt weakens us domestically and internationally. Leadership means that ‘the buck stops here. Instead, Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt problem and a failure of leadership. Americans deserve better.” – Senator Barrack Obama, 2006