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Breaking: Boehner calls off debt talks with Obama

CNN reports that House Speaker John Boehner (R-OH) has said he is walking away from deficit reduction talks with the White House. Boehner will instead hold direct negotiations with the Senate leadership to reach a compromise. “In the end, we couldn’t connect,” Boehner said in a letter circulated to the Republican caucus.

Update:

Via Slate’s Dave Weigel, here is Boehner’s letter to his GOP Caucus on his decision to pull out of negotiations. In reaction to Boehner’s decision, President Obama said “When it comes to actually doing something difficult, folks walk away…We showed ourselves willing to do the tough stuff on an issue Republicans ran on.” Boehner Letter

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