Boehner: Debt-ceiling hike without deep cuts would be 'arrogant'

House Speaker John BoehnerJohn BoehnerTrump aide: Boehner is the disaster Boehner: Tax reform is 'just a bunch of happy talk' Lobbying World MORE (R-Ohio) plans to call for spending cuts that are deeper than the increase in borrowing authority Congress is expected to approve in the coming months.

In an economic address in New York on Monday evening, the Speaker will lay down a significant new marker in the negotiations to raise the nation’s $14.3 trillion debt limit and avoid a first-ever default by the federal government.

“It’s true that allowing America to default would be irresponsible,” BoehnerJohn BoehnerTrump aide: Boehner is the disaster Boehner: Tax reform is 'just a bunch of happy talk' Lobbying World MORE will tell the Economic Club of New York, according to excerpts provided by his office. “But it would be more irresponsible to raise the debt ceiling without simultaneously taking dramatic steps to reduce spending and reform the budget process. To increase the debt limit without simultaneously addressing the drivers of our debt — in defiance of the will of our people — would be monumentally arrogant and massively irresponsible.”

Boehner plans to reiterate his demand that any increase in the debt limit be accompanied by “significant cuts and reforms.”

“And the cuts should be greater than the accompanying increase in debt authority the president is given,” he plans to say. “We should be talking about cuts of trillions, not just billions. They should be actual cuts and program reforms, not broad deficit or debt targets that punt the tough questions to the future.”

Boehner’s remarks are sure to heighten the brinksmanship surrounding the debt-limit fight, and they serve as a rejection of a call earlier Monday by Sen. Charles SchumerCharles SchumerHow Trump can score a big league bipartisan win on infrastructure Overnight Finance: Dems introduce minimum wage bill | Sanders clashes with Trump budget chief | Border tax proposal at death's door GOP senators distance themselves from House ObamaCare repeal bill MORE (D-N.Y.) for Boehner to explicitly rule out a default.

The U.S. is expected to hit the debt limit on May 16, but Treasury Secretary Tim Geithner has said the government could avoid a default until early August. Treasury has suggested a hike in the ceiling of about $2 trillion.

Vice President Joe BidenJoe BidenThe Hill's 12:30 Report Cornell unveils Biden ice cream Biden fuels 2020 speculation MORE will hold the second in a series of high-level meetings on the issue Tuesday, and President Obama is scheduled to meet with senators from both parties this week.

Boehner will also push to have “honest conversations” about Medicare, days after GOP leaders signaled they were backing away from the party’s proposal to overhaul the entitlement program in its budget blueprint. And the Speaker will push once again to exclude tax increases from any discussion on the debt ceiling.