Boehner Welcomes FDIC Cap Increase, Says House GOP Proposed It Earlier

House Minority Leader John BoehnerJohn BoehnerRepublican Study Committee elders back Harris for chairman Dems to GOP: Help us fix ObamaCare The disorderly order of presidential succession MORE (R-Ohio) welcomed the calls by the presidential candidates for an increase in federal insurance for bank accounts, but he said that House Republicans had proposed the measure during earlier bailout talks.

Both John McCainJohn McCainTrump's new debate challenge: Silence Senate rivals gear up for debates McCain opponent releases new ad hitting his record MORE and Barack ObamaBarack ObamaTrump's new debate challenge: Silence WATCH LIVE: Obama speaks at African American Museum opening Obama talks racial tension at African-American museum opening MORE, 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 BoehnerJohn BoehnerRepublican Study Committee elders back Harris for chairman Dems to GOP: Help us fix ObamaCare The disorderly order of presidential succession MORE'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 BluntRoy BluntSenate rivals gear up for debates Super PAC hits Dem Senate candidate with ad in tightening Missouri race The Trail 2016: Presidential politics and policing MORE and House Republicans but ruled out by Democrats during the negotiations that led to yesterday