House Speaker John Boehner walked away Friday from debt ceiling negotiations with President Obama, saying that the White House had “moved the goalposts” in their weeks-long effort to come to terms acceptable to both Republicans in the House and Democrats in the Senate.

In his letter to members of the House, Boehner said, "During these discussions ... it became evident that the White House is simply not serious about ending the spending binge that is destroying jobs and endangering our children’s future… In the end, we couldn’t connect. Not because of different personalities, but because of different visions for our country."

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House Speaker John Boehner (photo)