1. Concession

    Boehner: There’s No Debt Crisis

    WASHINGTON, DC - MARCH 05:  Speaker of the House John Boehner (R-OH) (C) answers reporters' questions after the weekly House Republican caucus meeting with (L-R) Rep. Kevin McCarthy (R-CA), Rep. Lynn Jenkins (R-KS), Majority Leader Eric Cantor (R-VA) and Rep. Steve Daines (R-MT) at the U.S. Capitol March 5, 2013 in Washington, DC. With the budget sequester now in effect, Boehner and his party in the House are now focusing on fighting against new taxes and rolling back the federal budget.  (Photo by Chip Somodevilla/Getty Images)

    Chip Somodevilla/Getty,Chip Somodevilla

    Did the president and John Boehner just agree on something? After discussing the budget behind a closed-door meeting with President Obama on Sunday, House Speaker Boehner agreed with the president and said in an interview with ABC's This Week that there is no immediate debt crisis. He did however say that the president and Congress must reform entitlements "that are not sustainable in their current form" because otherwise they will go bankrupt. He also took issue with a statement Obama made in an ABC interview that said it doesn't make sense to "chase a balanced budget just for the sake of balance." Boehner countered that balancing the budget in 10 years, in accordance with House Republicans' new spending plan, is a priority important to the economy.

    Agrees with President Obama.
    Read it at The Los Angeles Times