Both John McCain and Barack Obama, seeking more support for the failed bailout package, called on Monday for the Federal Deposit Insurance Corporation (FDIC) to guarantee up to $250,000 in a bank account. Currently, only $100,000 is insured.
Here's Boehner's full statement:
"The presidential candidates' support for increasing the FDIC cap is welcome news. Increasing the FDIC cap is a proposal put on the table by Roy Blunt and House Republicans but ruled out by Democrats during the negotiations that led to yesterday